Sold

76 Penguin Road,
Safety Bay 6169, Western Australia

3 bedrooms
1 bathroom
1 car space
House

$725,000


Property details

HIGH-VALUE COASTAL DEVELOPMENT SITE MUST BE SOLD

Developer's dream, bathed in golden Western Australian sunshine, one street back from the shoreline and occupying a perfect 1012sqm rectangle with 20.1m frontage, this prime beachside allotment is zoned for multiple dwellings.

R40 zoning and subject to council approval, the high-value site can accommodate up to eight, two bedroom units (see agent for plans).

Stroll to Safety Bay Foreshore Reserve, supermarkets, retail offerings, cafes, well-serviced bus routes, Safety Bay Primary School plus moments from Safety Bay Senior High School and Rockingham Centre.

In good working order, the current three-bedroom, one bathroom dwelling could be rented out quickly while you wait for approvals.

Ripe for development and part of a rapidly expanding Safety Bay, the sky's the limit for this premium coastal opportunity.

Explore the area


School catchments

  • Safety Bay Primary School Primary K-6 Government 0.52km
  • Rockingham Beach Primary School Primary K-6 Government 2.5km
  • Star of the Sea Primary School Primary PP-6 Catholic 2.7km
  • Bungaree Primary School Primary K-6 Government 2.8km
  • Rockingham Montessori School Primary PP-12 Independent 3.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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