Sold for $725,000
Sold for $725,00076 Penguin Road, Safety Bay WA 6169
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Property was sold on 7 August 2023.
Sold on 7 August 2023.
3 beds
1 bath
1 car
House
3
1
1
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House
This property is nestled close to the sandy shores, offering an idyllic beach lifestyle.
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.