5/103 Flora TerraceNorth Beach WA 6020
Property Details for 5/103 Flora Tce, North Beach
Last Listing description (January 2025)
We are thrilled to present an exceptional investment opportunity in the heart of North Beach. Suites 4 and 5 at 103 Flora Terrace are now available for sale. These premium commercial units are currently leased to Haiven Property until 2026, offering a secure and attractive return on investment.
Key Features:
High-Exposure Location: Situated on the bustling Flora Terrace, these units boast fantastic frontage and are part of a vibrant commercial hub. The location guarantees high visibility and foot traffic, perfect for any business looking to make a mark.
Modern Amenities: Each unit is designed with contemporary features, including carpeted floors, suspended ceilings, and ample lighting. Additionally, they come equipped with kitchen facilities, making them move-in ready.
Ample Parking: The property includes access to secure underground parking and plenty of council street parking, ensuring convenience for both tenants and their clients.
Prime Coastal Position: Located just meters away from the beach, these units are within walking distance of numerous cafes, restaurants, and retail shops, enhancing their appeal to a wide range of businesses.
Investment Details:
both units are 128 sqm each, buy one or buy both
secure underground parking
featuring end-of-trip facilities and public transport access
Annual Rental Income: $48,707 per unit
Lease Term: Until January 2026, with potential for extension
This is an A-grade development in one of North Beach's most sought-after areas. The combination of its prime location, modern facilities, and strong lease terms make this an opportunity not to be missed.
For further details or to arrange a viewing, please contact Christopher Tana at ProProperty Group on 0437 158 225 or Spiro Agapitos at Vita Property Group on 0401 137 764.
Secure your slice of North Beach's thriving commercial scene today..
Property History for 5/103 Flora Tce, North Beach, WA 6020
- 14 Sep 2024Sold for $1,200,000
- 08 Aug 2024Listed for Sale SOLD
- 13 Oct 2015Listed for Rent $30,000 / year
Recent sales nearby
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About North Beach 6020
The size of North Beach is approximately 2.1 square kilometres. There are 8 parks, covering nearly 36.0% of the total area. The population of North Beach in 2016 was 3410 people. By 2021 the population was 3689 showing a population growth of 8.2% in the area during that time. The predominant age group in North Beach is 50-59 years. Households in North Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Beach work in a professional occupation.In 2021, 68.80% of the homes in North Beach were owner-occupied compared with 64.40% in 2016.
North Beach has 1,948 properties. Over the last 5 years, Houses in North Beach have seen a 96.80% increase in median value, while Units have seen a 68.78% increase. As at 31 May 2026:
- The median value for Houses in North Beach is $2,275,165 while the median value for Units is $973,068.
- Houses have a median rent of $1,000 while Units have a median rent of $700.
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