Reiwa Reiwa
29 King Drive, Wannanup WA 6210

29 King Drive, Wannanup WA 6210

Listed price: From $870,000
Sold
Sold: 21 Apr 2026

3 Bedrooms

1 Bathroom

1 Car

Landsize 1,497m2

House

Contact the agent

Nicole Hindmarsh

0415815156

Harcourts Mandurah


Sold By HARCOURTS Mandurah - Nicole Hindmarsh

Nicole Hindmarsh proudly presents 29 King Drive, Wannanup - a standout investment opportunity offering both strong holding income and exceptional future development potential.

Positioned on a substantial 1,497sqm R20-zoned block, this property provides the flexibility to subdivide (STCA and WAPC approvals), retain the existing dwelling, and develop 2 additional residences at the rear - making it an ideal landbank or value-add project.

Currently leased to reliable long-term tenants who maintain the home to a high standard, the property delivers immediate rental income with a secure lease in place until November 2026 - perfect for investors seeking stability while planning future improvements or subdivision.

The existing home is generously proportioned, featuring:

• 3 bedrooms, 1 bathroom
• Expansive main living area with high ceilings
• Functional kitchen with gas cooktop
• Secondary living space (currently utilised as a 4th bedroom)
• All three bedrooms have built in robes

Additional features include:

• Wood fireplace in main living area
• Second fireplace (as-is) in rear living zone
• NBN connectivity
• Garden shed
• Ample parking for boat, caravan, and trailer

Located just moments from the Estuary, Port Bouvard Marina, boat ramp, local shops, and dining options, this is a high-demand coastal pocket with strong growth appeal.

Whether you're looking to landbank, develop, or secure a solid income-producing asset, this property ticks all the boxes. Act now to secure this versatile investment opportunity. Contact Nicole Hindmarsh on 0415 815 156 today.

This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Property features

  • Carports 1
  • Toilets 1
  • Ensuite 1

Cost breakdown

  • Council rates: $2,100 / year
  • Water rates: $1,344 / year

Nearby schools

Falcon Primary School Primary Government 1.0km
Ocean Road Primary School Primary Government 3.4km
St Damien's Catholic Primary School Primary Non-government 3.5km
South Halls Head Primary School Primary Government 4.6km
Halls Head College Secondary Government 6.4km
Halls Head College Education Support Centre Secondary Specialist 6.4km
Halls Head Primary School Primary Government 6.8km
Glencoe Primary School Primary Government 8.0km
Mandurah Catholic College Combined Non-government 9.9km
Dudley Park Primary School Primary Government 10.2km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5011470