Sold
56b Sabina Drive, Madora Bay WA 6210
Sold price: $370,000
Sold: 17 May 2023
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 731m2
House
View
Sold by Team Harris - Acton | Belle Property
Unique beachfront investment - 2 properties on site
Brody & Emma from Acton | Belle Property are proud to present 56 Sabina Drive, Madora Bay to the market.
This property offers a unique opportunity for savvy investors, with TWO 2x1 beachfront properties available on 1 lot - which can either be bought individually; or capitalize on your investment and purchase both to own the entire lot.
Current rental appraisal: $400pw (56a) and $450pw (56b - renovated) estimating a total income of $850 per week for the entire lot!
This truly is a rare investment opportunity unlike any other, and with no strata involved there are no restrictions for whatever your plans may be including; short-term stays, long-term rental, live in and invest next door, or dual housing for family members - the options are endless!
Set in an incredible beachfront location, with sweeping ocean views from both properties at ground level - the location here simply cannot be beat.
Outstanding Features Include:
• 731sqm entire lot (not sub-dividable)
• Two x 2 bedroom, 1 bathroom properties available
• Carport parking with drive through access to the rear + plenty of extra open parking
• Located directly opposite the beach with sweeping ocean views at ground level
• Front row seats to enjoy incredible sunrise & sunsets - the perfect way to start & end any day!
• Open main living with separate sunroom to each property, spacious backyard
• Light and bright interiors with gorgeous timber flooring throughout
• 56b - recently renovated throughout + patio entertaining
• 56a - reverse cycle air conditioning + handy garden shed
• Sought-after family-friendly location, so close to the beach, parks, shops, cafe, transport and school
Approximate Outgoings Include:
• Council rates: $1,600 per annum, per property
• Water rates: $270 per annum, per property
Property features
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Carports
1
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Floor area
102m2
Property snapshot by reiwa.com
This property at 56b Sabina Drive, Madora Bay is a two bedroom, one bathroom house sold by Brody Harris and Emma Pinington at Acton | Belle Property Mandurah on 17 May 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Madora Bay or see other recently sold properties in Madora Bay.
Cost breakdown
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Council rates: $1,600 / year
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Water rates: $270 / year
Nearby schools
Madora Bay overview
Madora Bay is an idyllic coastal suburb within the City of Mandurah. Heralded for its relaxed and friendly ambience, Madora Bay strikes the balance of being close to the fast-paced centre of Mandurah, while still retaining its small-town feel. The original development of Madora Bay began in the 1960s following sub-division.
Life in Madora Bay
Madora Bay's most significant feature is its beach. Beautiful and pristine, it is an attraction for locals and tourists alike with places for walking, swimming, surfing, fishing and boating all located here. Public open spaces like parks, reserves and walking tracks add to Madora Bay's laid back environment, while recreational facilities like the Madora Bay Community Hall brings locals together, with indoor bowls, card afternoons, sewing classes, youth nights and much more held here. There is also a local deli and tavern in the area.
Madora Bay quick stats
High end
$863k
Median
$730k
Low end
$630k
16.3 %
Annual growth
$730k
Annual median sales price
$660pw
Annual median rental price
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