9/42 Pearl Parade, Scarborough, WA 6019

Freshly renovated and close to Scarborough Beach, 9/42 Pearl Parade offers an appealing combination of coastal lifestyle and proven investment potential as an established Airbnb.

The property has an established short-stay history, with City of Stirling development approval for short-stay accommodation in place until June 2028.

The property has demonstrated strong income performance and offers the potential for attractive cash flow, depending on financing and operating assumptions. Detailed revenue and expense history is available on request.

The property may also be purchased fully furnished and equipped by negotiation, offering investors the opportunity to continue operating an established short-stay property with much of the setup already in place.

Adding to its longer-term appeal, the boutique complex comprises just 12 apartments on an approximately 2,246sqm site, providing exposure to a substantial coastal landholding.

Inside, the light-filled living and dining area is complemented by a comprehensively refreshed interior, including an upgraded kitchen and bathroom, fresh paint and plantation shutters. 

The kitchen features a stone benchtop, white granite-composite sink, new tapware and cabinetry hardware, together with a new oven and cooktop, while the bathroom has also been refreshed with a new vanity, basin, tapware and shower fittings. 

There are two bedrooms, an allocated car bay, and a washing machine and dryer facilities within the apartment.

Residents also have access to a swimming pool, visitor parking, communal laundry and storage facilities. Common-area improvements have been undertaken, with further works nearing completion and the associated special levies already paid.

Immediately outside the apartment is a long front balcony/walkway forming part of the common property. While not included in the lot itself, it provides an appealing sense of space at the entry and has traditionally been used for seating and plants.

With Scarborough Beach, cafés, restaurants and public transport within easy reach, this is an appealing option for investors seeking an established short-stay opportunity, as well as buyers looking for a coastal home or lock-and-leave base.

Property highlights
• Two bedrooms, one bathroom and allocated car bay 
• Upgraded kitchen and bathroom 
• Stone benchtop, new oven and cooktop 
• Fresh paint and plantation shutters 
• Washing machine and dryer facilities within the apartment 
• Communal swimming pool and visitor parking 
• Boutique complex of 12 apartments on an approximately 2,246sqm site 
• Established Airbnb history 
• City of Stirling short-stay development approval until 10 June 2028 
• Revenue and expense history available on request 
• Option to purchase fully furnished and equipped by negotiation

Whether you are looking for a permanent home, a coastal escape or an investment offering genuine flexibility, 9/42 Pearl Parade presents an opportunity to secure a beautifully updated property in one of Scarborough's most convenient coastal pockets.