24 Peel Parade, Coodanup WA 6210

WATERFRONT LIVING MEETS INVESTMENT POTENTIAL

Discover the ultimate coastal escape, perfectly positioned directly opposite the tranquil Peel-Harvey Estuary. Spend your days crabbing, fishing or kayaking, or simply enjoy the ever-changing scenery, from sparkling waters to views towards the Darling Scarp. All just moments from one of Mandurah's iconic Giants.

Set on a generous 1,012m2 subdividable block with an impressive 20.12 metre frontage, directly facing the waterfront Estuary Reserve, this property offers an outstanding combination of lifestyle, character and future potential.

The original 1960s cottage has recently become vacant following a long-term tenancy and is being offered for sale on an "As Is, Where Is" basis. While the home is liveable, it does require work, presenting an exciting opportunity for buyers with vision. Renovate and embrace its retro character, create your dream waterfront residence, or explore the potential to subdivide and create two lots, subject to the relevant approvals.

The home is entered via a front verandah and entertaining area, leading into a cosy living room with picturesque views across the reserve towards the estuary. The generously sized master bedroom is positioned to one side, while a second spacious bedroom is accessed from the kitchen. Both bedrooms enjoy outlooks across the surrounding parkland and towards the water.

Flowing from the living area is a spacious kitchen and dining zone with air conditioning. The original kitchen retains its distinctive 1950s style cabinetry, while the nearby bathroom features a traditional cast-iron bath and separate shower. At the rear of the home, a laundry and utility area connect to a separate storeroom, previously used as a sleepout and offering potential for a flexible third bedroom or additional accommodation, subject to any required upgrades and compliance.

Outside, a pergola, requiring some attention, opens onto the expansive backyard, complete with established lemon, orange, plum and fig trees, along with plenty of lawn space. An older garage, currently undergoing repairs, provides parking, while excellent side access creates further potential for a large workshop, additional parking or whatever you envision for this substantial block.

The location is truly the standout feature. Positioned directly opposite the estuary foreshore, you will enjoy immediate access to walking trails, picnic areas, playgrounds and nearby boat ramps. This is a premier location for crabbing, shallow-water fishing and kayaking, all virtually on your doorstep.

You will also appreciate being just moments from the renowned Giant Yaburgurt Cirkelstone, which can be seen from the property across the road.

Whether you are searching for a peaceful waterfront lifestyle, a rewarding renovation project, a potential development opportunity or a property with appeal for the short-stay market, this is a rare chance to secure a substantial piece of land in an exceptional estuary-front location.

Bring your vision and unlock the enormous potential of this unique waterfront opportunity.

Contact Exclusive Agent Barry Mitting today to arrange your inspection.