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485 Safety Bay Road, SAFETY BAY

UNDER OFFER by Sharon Davey

Backing directly onto ocean front homes, this property offers the astute buyer an opportunity to secure a significant parcel of land close to the coast with a solid rentable/renovateable home and development potential. So you've got several options here... You could renovate the current home and enjoy all the space and freedom of a huge back yard. Alternatively, you may choose to rent the property out (remember the Perth rental market at the moment is HOT!) and 'land bank' the property while you consider your development options. The 1098m2 block is zoned R20 which allows for subdivision into two lots. There is scope to retain the current dwelling and develop the rear yard into a separate lot, which you could choose to sell off separately as a vacant block or for the construction o...