Hakim "Mr Property" Mousavi is proud to present 161 Penguin Road, Safety Bay. A rare and versatile 1000sqm (approx.) vacant parcel offering exceptional future potential in one of the area's most tightly held coastal pockets. With the original dwelling already demolished, the site is cleared and ready for the next chapter, saving time and cost for the incoming buyer.Importantly, WAPC conditional approval is already in place to create a battleaxe configuration, and the power dome has been installed with the associated costs paid. This positions the property as an outstanding opportunity for developers, investors, or owner-occupiers seeking flexibility and long-term upside in a high-demand location.The buying party has multiple avenues to explore. Options include building and land-banking the second lot, constructing a substantial residence designed to capture spanning sea views, developing two dwellings, or building one home to live in while selling the other to offset costs. Set just one street back from the coastline, the property enjoys close proximity to the Safety Bay foreshore, local cafes, shopping, boat ramps and recreational amenities, delivering an enviable coastal lifestyle alongside strong development fundamentals.Features:? Approx. 1000sqm vacant block? Approx. 18.1m frontage and 55.2m depth (approximate dimensions)? WAPC conditional approval for battleaxe subdivision? Power dome installed with costs paid? Original dwelling demolished - land cleared and ready? R20 zoning (STCA)? One street back from the beach in a prime Safety Bay locationCall Hakim today on 0408 891 091 to make this property yours.
The size of Safety Bay is approximately 4.7 square kilometres. There are 28 parks, covering nearly 18.8% of the total area. The population of Safety Bay in 2016 was 7407 people. By 2021 the population was 7662 showing a population growth of 3.4% in the area during that time. The predominant age group in Safety Bay is 60-69 years. Households in Safety Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Bay work in a trades occupation.In 2021, 78.30% of the homes in Safety Bay were owner-occupied compared with 75.60% in 2016.
Safety Bay has 3,817 properties. Over the last 5 years, Houses in Safety Bay have seen a 121.92% increase in median value, while Units have seen a 159.62% increase. As at 31 July 2026:
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