Set within one of Mullaloo's most tightly held coastal pockets, this substantial 784sqm corner block presents a rare opportunity to secure genuine walkable beach access, dual road frontage, strong future upside and a foothold in one of the suburb's most desirable positions.
Positioned approximately 200 metres from Mullaloo Beach, moments from Mullaloo Beach Primary School, and surrounded by established coastal homes, this is the type of landholding buyers wait years for.
The existing 5 bedroom, 2 bathroom home requires renovation, however it offers immediate functionality, multiple living areas and a solid foundation for those looking to improve over time. The real strength here is the land, the corner configuration, the beachside position and the ability to further capitalise in a proven coastal market.
For buyers thinking long term, the fundamentals are compelling. Mullaloo has seen strong long-term growth, with 10-year house price growth around 14.5%, median rents sitting around $920 per week, and potential rental return estimated around $980 per week as is, subject to final presentation and market conditions.
Whether your plan is to renovate, redesign, rebuild, hold as a long-term coastal investment or explore a potential dual dwelling / strata pathway subject to council and WAPC approval, this is a property with genuine strategic value.
Why this property stands out
Full 784sqm corner block
Approx. 24.3m frontage and 22.3m side return
Approx. 200m walk to Mullaloo Beach
5 bedrooms, 2 bathrooms
Dual road frontage with added flexibility
Potential dual dwelling / strata pathway, subject to council and WAPC approval
Strong renovation, rebuild or long-term hold potential
Moments from Mullaloo Beach Primary School
Close to parks, cafes, coastal walkways and local amenities
Rare entry point into a tightly held beachside pocket surrounded by quality homes
This is not simply a home. It is a strategic coastal landholding with immediate usability, renovation upside and long-term potential in one of Mullaloo's most tightly held locations.
This property at 2 Laguna Rise, Mullaloo is a four bedroom, two bathroom house listed for sale by Ash Mastai at Property North.
For more information about Mullaloo, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Mullaloo profile page.
If you would like to get in touch with Ash Mastai regarding 2 Laguna Rise, Mullaloo, please call 0401 292 237 or contact the agent via email.
Primary development of Mullaloo began in the 1950s, but it wasn’t until the late 1970s and 1980s that the coastal suburb would experience substantial growth. Mullaloo’s population has declined slightly since the mid 1990s, the result of little change in property stock.
A suburban lifestyle close to the beach awaits residents in Mullaloo. The relaxed suburb has a surf life saving club, two primary schools and plenty of open park space to explore. Mullaloo Plaza shopping centre services the immediate shopping and amenity requirements of locals, while Mullaloo Beach Hotel is a social fixture of the suburb featuring a restaurant and bar.