93 Penguin Rd, Safety Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1964. The property has a land size of 1012m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in August 2025.
Beautiful cottage on an R40, 3-4-unit site, metres from the beach.
Perfectly positioned in coastal Safety Bay, this North-facing, classic 1960s cottage exudes charm and sits on a large 1012sqm block zoned R40, offering outstanding development potential. Whether you're looking to retain the character-filled home, renting it out while you subdivide the block into a triplex or remove the cottage for a four-lot development (subject to approvals), the multitude of options here are compelling. A drafted triplex subdivision plan, retaining the current dwelling, is available upon request showing what is possible and helping you fast-track your vision. With the beach just a stroll away and all essential amenities nearby, including IGA and award winning cafe, this is an ideal opportunity for those wanting a large block by the coast, developers, or savvy buyers looking to invest in a high-growth, beachside pocket. Rarely does a block of this size and zoning become available in such a sought-after location - don't miss your chance to make it 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 3,814 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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