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161 Penguin Road, Safety Bay WA 6169

Sold price: $600,000 Sold: 23 Feb 2022
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • Landsize 1,000m2
House
161 Penguin Road, Safety Bay WA 6169

SOLD

SOLD

Located just one street to the beach, 'The Shack' sits on a prime ONE THOUSAND SQUARE METRE block just a minutes walk to the oceanfront.

So let's talk about the block first.

Zoned R20, there is the potential to split the block into two lots and construct two substantial homes in one of the area's most sought after locations.

Alternatively, you may like to establish your estate by the coast and construct your dream home with enough room for all the workshops, pools and parking your heart desires.

With cafes, restaurants, boat ramps, world class wind and kite surfing all right on your doorstep, you'll enjoy a holiday lifestyle every day.

Now to, 'The Shack'.

OK, so it's probably not the kind of home you're going to move in with your family and two dogs!

But...

It's got two bedrooms, it's got a living area and it's got a bathroom, but it clearly needs some work (see video for interior shots) - a couple of handy fellas and a few weekends work and you could make it a comfy little weekender where you can come down and enjoy everything Safety Bay has to offer while you contemplate your development options.

As a rental, you're going to need to spend some money and do some work to ensure the property is up to standard.

Block Features:

* 999.844m2 Block zoned R20

* Potential to split into 2 blocks (subject to council approval)

* 18.1m frontage x 55.2m side boundary

* One house from the corner, one house from the beachfront

* Sewer line entry point to the rear of block (no easement)

* Small workshop/shed

Shack Features:

* 2 bedrooms

* 1 "bathroom"

* Open plan living : )

* Timber floors

* Balcony/deck

* Please note - the property is to be sold in 'as is' condition

Don't hesitate - this property represents excellent value for a substantial development site this close to the beach and is sure to attract plenty of interest.

For more details please contact Sharon Davey on 0439 517 351.

Property features

  • Toilets 1

Property snapshot by reiwa.com

This property at 161 Penguin Road, Safety Bay is a two bedroom, one bathroom house sold by Sharon Davey at Chalk Property on 23 Feb 2022.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Safety Bay or see other recently sold properties in Safety Bay.

Nearby schools

1.0km
Safety Bay Primary School
  • Primary
  • Government
1.9km
2.0km
Malibu School
  • Combined
  • Specialist
Disclaimer

Safety Bay overview

The coastal suburb of Safety Bay was established in the early 1900s when it became a popular venue for family holidays. Significant residential development did not occur until the 1970s and since then only a slight population increase in the late 1990s was experienced.

Life in Safety Bay

With the beach within walking distance as well as an array of parks and reserves, Safety Bay offers up an enviable family-friendly lifestyle. The serene waters of the Safety Bay foreshore are safe and welcoming for children, as are the parks with playgrounds that overlook the water. The Safety Bay Yacht Club has been a fixture of the suburb since 1946, with the club also used as a place to hire for recreational activities like dancing and martial arts. Safety Bay Primary School and Safety Bay High School are the local schools.

Safety Bay quick stats

High end $795k
Median $690k
Low end $623k
25.5 %
Annual growth
$690k
Annual median sales price
$575pw
Annual median rental price

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FAQ's

161 Penguin Road, Safety Bay is a 2 bedroom, 1 bathroom house.

161 Penguin Road, Safety Bay was sold by Sharon Davey at Chalk Property.

You can contact the agent here.

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