242 SAFETY BAY ROAD, Safety Bay WA 6169
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1 Bedroom
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1 Bathroom
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Landsize 1,878m2
House
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IT'S YOUR CHOICE A STREET FRONT LOT OR A DEVELOPMENT SITE!
PRIME LOCATION WITH MULTIPLE LOT SIZES AVAILABLE OR BUY THE DEVELOPMENT!
Option 1 - 320 SQM Street Front Lot (Green title - Penguin Rd facing)
Option 2 - 300 SQM Street Front Lot (Green title - Penguin Rd facing)
Option 3 - 1878 SQM Development site Zoned R40 - with 2 street frontages (Saftey Bay Rd & Penguin Rd)
*Should one of the two lots facing Penguin Road be sold then the option to buy the entire site will likely not be possible - don't sit back and wait act now!
The two proposed lots are expected to be titled in mid-2025. This gives you plenty of time to organise your build without holding costs!
Alternatively, purchase this lot and develop it yourself !!!
Absolute Prime Beach Location - Views of the Indian Ocean and "The Pond"
Developers, investors and astute buyers take note this is a rare opportunity to secure an excellent development site, a super lot to build your dream home or simply land bank a large parcel of land with rental income in a prime location.
The home is a 1970s beach cottage that has had some improvements over the years. The property has a recently renovated kitchen, polished jarrah floorboards, high ceilings, modern open planning living area with ocean views, a master bedroom with en-suite and a 3 car garage that is accessed off Penguin Road.
You will be kicking yourself if you miss this opportunity to secure this property call exclusive listing agent Justin Miorada today on 0477600556 to arrange a private viewing before this property is snapped up !
*Disclaimer the property is being sold as a development site, whilst the home is in good condition for its age the property will be sold in an "as is condition".
Property features
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Toilets
1
Property snapshot by reiwa.com
This property at 242 SAFETY BAY ROAD, Safety Bay is a one bedroom, one bathroom house listed for sale by Justin Miorada at EMG X.
For more information about Safety Bay, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Safety Bay profile page.
If you would like to get in touch with Justin Miorada regarding 242 SAFETY BAY ROAD, Safety Bay, please call 0477 600 556 or contact the agent via email.
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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
$680k
Low end
$610k
25.9 %
Annual growth
$680k
Annual median sales price
$570pw
Annual median rental price
