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Overview
This property offers an excellent opportunity featuring two dwellings on a substantial 892 square meter block in the sought-after suburb of Ocean Reef. The main residence boasts three bedrooms and one bathroom, complemented by a laundry, kitchen, lounge, dining area, and family room, providing comfortable family living spaces.
Additionally, there is a second dwelling with its own kitchen and dining area, a bedroom, bathroom, and lounge, leading out along with the main house onto a large undercover patio area that is perfect for entertaining or relaxing in all weather conditions.
While the houses require some tender loving care, they hold significant potential to be utilized in multiple ways, such as a granny flat, a home office, rental accommodation for international students, or an Airbnb rental. This versatility allows for dual-income opportunities or personal convenience depending on the owner’s needs.
The expansive backyard is a blank canvas for landscaping or further development, and the site includes two sheds, one equipped with lighting and power outlets, suitable as a bar, entertainment spot, or playroom. There is also a generous front yard and ample parking space.
Ocean Reef is poised for growth with plans for a large marina development near the area, enhancing the suburb’s appeal. The location provides convenient access with only a four-minute drive to the beach and six minutes to Whitfords Shopping Centre, placing amenities and recreation close at hand.
Additional beneficial features include a double garage, fans in all bedrooms, a modern oven and cooktop, and proximity to reputable public and private schools. The property is quietly situated within a peaceful pocket offering the privacy and space desired by many buyers.
This property is competitively priced to sell and provides a rare chance to own a versatile and large lot in a popular area with excellent potential for future development or investment.
- Huge block with development potential
- Double garage
- Close to reputable public and private schools
- Near major shopping complex
- Walking distance to beaches
- Ceiling fans in all bedrooms
- New oven and cooktop
- Abundant parking space
- Quiet and peaceful location
Local Market Insights
In Ocean Reef, Quiet Listings observed 43 new houses entering the market over the last 30 days, down from 46 during the previous 30-day period, with an average advertised asking price of $1,214,581. The property type mix of listed properties is predominantly Houses at 72%, followed by commercial properties (11%), and units (5%). Property West Real Estate was the most active agency in this area, representing 51.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $ AU 629,000.00 - Residential | |
| $ AU 629,000.00 |
Location
Ocean Reef WA 6027
Market Insights for Ocean Reef WA 6027
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