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43 Seahorse Loop
Port Denison, WA 6525
$850,000
Overview
Dual Opportunity in Coastal Port Denison - Invest, Develop or Landbank
Located in the highly sought-after coastal community of Port Denison, this adaptable property on a generous 1,033 square meter block offers a unique opportunity for investors, developers, or those seeking a future coastal residence.
The property features a well-established home alongside a separately fenced section of land that holds potential for future development, subject to council approval. This combination provides both immediate rental income and long-term growth prospects.
Key attributes of the home include a solid construction with three bedrooms and two bathrooms, complemented by a carport that offers direct access into the residence. The interior boasts a functional open-plan layout integrating the kitchen, dining, and living areas. The kitchen is equipped with a gas cooktop and electric oven, catering to practical cooking needs. Comfort is enhanced by a split system air conditioning unit servicing the main living space.
The main bedroom includes an ensuite with a tiled shower, while the main bathroom features a bath, shower, and a separate toilet. Additional conveniences include a laundry area with external access and an undercover rear patio designed for outdoor living and entertaining. The front gardens are neatly paved, and the tiered backyard includes a garden shed and rear access to the property.
The separately fenced portion of land presents an ideal site for future building projects, subject to council approval. The property is connected to deep sewer services, and water rates are approximately $1,603 per annum.
From an investment and development perspective, this property offers secure rental income with a tenant in place until October 25, 2026, paying $2,300 per month. There is potential to develop the additional land or hold the property as a landbank to benefit from anticipated growth in this desirable coastal town. Dual living arrangements may also be possible, subject to necessary approvals.
Port Denison is renowned for its relaxed coastal lifestyle, located just minutes from the beach and marina. It attracts both holidaymakers and long-term tenants due to its strong appeal and limited housing stock. The town is approximately 45 minutes from Geraldton, providing a balance of lifestyle and accessibility. It is well known for its fishing opportunities and strong community atmosphere.
Important notes for prospective buyers include that the property is currently tenanted, with inspections available by appointment. Additional photos will be provided, and some images may have been enhanced for marketing purposes. All information is provided in good faith, but buyers are encouraged to conduct their own due diligence.
Location
Port Denison WA 6525
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