Reiwa Reiwa
76 Penguin Road, Safety Bay WA 6169

76 Penguin Road, Safety Bay WA 6169

Sold price: $725,000
Sold
Sold: 26 Jul 2023

3 Bedrooms

1 Bathroom

1 Car

House

Contact the agent

Scott Langley

0417181185

Emma Langley

0405149278

Ray White North Quays


HIGH-VALUE COASTAL DEVELOPMENT SITE MUST BE SOLD

Developer's dream, bathed in golden Western Australian sunshine, one street back from the shoreline and occupying a perfect 1012sqm rectangle with 20.1m frontage, this prime beachside allotment is zoned for multiple dwellings.

R40 zoning and subject to council approval, the high-value site can accommodate up to eight, two bedroom units (see agent for plans).

Stroll to Safety Bay Foreshore Reserve, supermarkets, retail offerings, cafes, well-serviced bus routes, Safety Bay Primary School plus moments from Safety Bay Senior High School and Rockingham Centre.

In good working order, the current three-bedroom, one bathroom dwelling could be rented out quickly while you wait for approvals.

Ripe for development and part of a rapidly expanding Safety Bay, the sky's the limit for this premium coastal opportunity.

Property features

  • Garages 1

Nearby schools

Safety Bay Primary School Primary Government 0.5km
Rockingham Beach Education Support Centre Primary Specialist 2.4km
Rockingham Beach Primary School Primary Government 2.5km
Star Of The Sea Primary School Primary Non-government 2.7km
Safety Bay Senior High School Secondary Government 2.7km
Bungaree Primary School Primary Government 2.7km
Malibu School Combined Specialist 2.8km
Rockingham Senior High School Education Support Centre Secondary Specialist 3.0km
Rockingham Senior High School Secondary Government 3.0km
Rockingham Montessori School Combined Non-government 3.7km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4711585