252 & 254 Camberwarra Drive, Craigie, WA 6025

Cygnet West and Altegra are excited to present 252 & 254 Camberwarra Drive, Craigie to the market. The site represents a unique opportunity to secure an accommodation facility, on a significant parcel of land, in a well established residential catchment.

Craigie is located 23kms North of the Perth CBD and just 2kms to the coast. 252 & 254 Camberwarra Drive is ideally positioned only 200m from Marmion Avenue and it nestled between Whitford Catholic Primary School, Nido Early School and Craigie Lookout nature reserve.

• Land Area: 5,323sqm approximately

• Building Area: 1,279sqm approximately over 3 separate buildings

• Passing Lease Income: $285,000 net rent per annum (Potential fully leased net rent per annum of $410,000)

• Low site cover of only 30% providing scope for future development

The property was originally used as a Catholic aged care facility and property comprises 3 separate buildings of 30 bedrooms, chapel, commercial-style kitchen, laundry, office/admin areas and caretakers unit. It is zoned for Private Community Purpose but has an approved use a Residential Building. Minor refurbishments were complete earlier this year in order to support occupancy by the current tenant (June 2026 lease commencement) in a portion of the site, with the balance of the property holding the ability to accommodate a range of other occupants such as students, Skilled Workers, NDIS, Health Related Housing, etc.

252 & 254 Camberwarra Drive comes with a new 2-year lease to one of WA’s largest residential builders $285,000 net rent per annum who occupy one of the 3 buildings on site. Significant opportunity presents with the balance of site and buildings.

For Sale by Expression of Interest closing Friday, 14 August 2026 at 4:00pm (AWST).

To secure an inspection or request more information, please reach out to either Henry Vu or Adam Smith, the exclusive selling agents for the property.