Set in one of Safety Bay's most sought-after coastal pockets, this charming north-facing 1960s cottage combines timeless character, comfortable living and an enviable beachside lifestyle on a huge 1,012sqm R40-zoned block offering outstanding development potential.
Filled with original features including beautiful Jarrah floors, timber skirting boards and high ceilings, the home offers plenty of warmth and personality, while the generous block provides space to enjoy now and exciting possibilities for the future.
Start your morning with a coffee on the north-facing verandah, entertain beneath the pergola and patio areas, or simply enjoy an abundance of outdoor space rarely found this close to the coast. With the Safety Bay Foreshore, boat ramp, cafés, shops and everyday amenities all nearby, this is a location made for relaxed coastal living.
For investors and developers, the possibilities are particularly compelling. Retain the character-filled cottage and potentially subdivide the remainder into a triplex development, or remove the existing dwelling and explore the potential for a four-lot development (subject to all relevant approvals). A previous triplex subdivision concept retaining the existing dwelling is available upon request, providing an indication of what may be possible.
The property is currently tenanted at $600 per week, with the tenancy becoming periodic from 30 September 2026, providing rental income while you consider your future plans.
Whether you're looking to invest, renovate, develop or simply secure a substantial parcel of land close to the coast, this is an increasingly rare opportunity in a highly desirable Safety Bay location.
**Features include:**
• Stunning Jarrah floors, timber skirting boards and high ceilings
• Reverse-cycle split-system air conditioning to the living areas and master bedroom
• North-facing front verandah, perfect for enjoying your morning coffee
• Retro kitchen with freestanding electric stove, rangehood, overhead cabinetry, fridge recess and breakfast bar
• King-size master bedroom and spacious minor bedrooms
• Pergola and patio areas ideal for year-round entertaining
• Huge backyard with room for a workshop, pool or granny flat, or potential to subdivide (subject to approvals)
• Potential ocean views from the rear of the property if developing a two-storey home
• Close to the boat ramp, local IGA, pharmacy, library, restaurants, popular cafés and local shops
• Stroll to the Safety Bay Foreshore with your kayak and explore the beautiful islands of Shoalwater Islands Marine Park, or enjoy kite surfing at The Pond
• Huge 1,012sqm parcel of prime beachside Safety Bay land
• R40 zoning with potential for subdivision into up to four lots (subject to all relevant approvals)
• Approximate dimensions: 20m frontage x 49.9m depth
• Currently tenanted at $600 per week, becoming a periodic tenancy from 30 September 2026
• Previous triplex subdivision concept retaining the existing dwelling available upon request
Opportunities offering this combination of land size, zoning and coastal position are becoming increasingly difficult to find. Whether you're looking to develop, invest, renovate or simply secure a large coastal block in one of Safety Bay's most desirable pockets, this property deserves your attention.
You are always welcome to contact Shaun Hogarth from Acton | Belle Property Rockingham & Baldivis for further information regarding this property or to arrange a private inspection outside the advertised home open times.
The description provided is for general information purposes only. Acton | Belle Property Rockingham & Baldivis believes that this information is correct but it does not warrant or guarantee the accuracy of the information. Some photos may have been enhanced for your viewing pleasure. This property may differ from the photos upon inspection. Buyers are asked to undertake independent due diligence investigations and enquiries regarding the property, as no responsibility can be accepted by Acton | Belle Property Rockingham & Baldivis for any information that may be deemed incorrect.
This property at 93 Penguin Road, Safety Bay is a three bedroom, one bathroom house listed for sale by Shaun Hogarth at Acton | Belle Property Rockingham and Baldivis.
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 Shaun Hogarth regarding 93 Penguin Road, Safety Bay, please call 0412 275 481 or contact the agent via email.
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.
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.