Originally acquired by the family in 1960 as a residential home, the site was repurposed in 1984 into the showroom/warehouse that stands today. The design was delivered by renowned local builder Danny Psaros.
For the past two decades, the property has operated as a well-known dance studio, cementing its place in the fabric of the North Perth community.
The sale, negotiated by Luke Pavlos and Tom Jones from RWC WA, reflects $3,370 per sqm on the improved land area and $4,629 per sqm on the improved building area, signalling strong market demand for these increasingly rare fringe CBD warehouse/showroom assets.
“There is unprecedented interest in inner-urban commercial properties with industrial bones,” said Luke Pavlos.
“With supply tightening in traditional industrial precincts, buyers are actively seeking out fringe CBD locations such as North Perth, West Leederville and East Perth.”
This surge in demand is fueled not just by scarcity but by the flexibility these sites offer. Zoned to support a broader range of uses than traditional industrial areas, assets like 65 Scarborough Beach Road appeal to investors and owner-occupiers alike - offering holding income and the potential for medium-term redevelopment or repositioning to higher-yielding uses.
In this same North Perth pocket, a wave of adaptive reuse is reshaping the local landscape:
The former motorcycle workshop at 64 Scarborough Beach Road now thrives as the popular café Hanks Corner;
24 Scarborough Beach Road, once a service station and auto shop, is home to the vibrant restaurant Chinta;
18 Scarborough Beach Road has been transformed into a wellness centre;
While 7 Scarborough Beach Road, formerly a pet and aquarium store, now operates as Sage Gym.
“The buyer saw the enormous potential this location and building type present. The area is evolving, and properties like this are increasingly hard to find,” added Tom Jones.
As the industrial market continues to run white hot, particularly in well-connected fringe areas, 65 Scarborough Beach Road exemplifies the shift toward strategic, flexible-use commercial holdings that service growing urban communities.
