FOR SALE
$500,000 plus GST

Lot 48/7 Panorama Drive
Preston Beach WA 6215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11122m2
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DA approved coastal tourism development site

RWC WA are excited to present an exceptional opportunity to acquire a strategically located site with development approval located at Lot 48, 7 Panorama Drive, Preston Beach. With approval for 56 accommodation units for tourism use offering a range of accommodation types on a land area of 1.1122Ha*.
The land is unique in relation to its location in the picturesque seaside haven of Preston Beach, bounded by the Indian Ocean, Lake Preston and Yalgorup National Park. Adjoining the property is Footprints Preston Beach, offering relaxed resort style amenities just a short walk to the pristine beaches.
For more information or to arrange an inspection, please contact the agent:
Brett Wilkins
0478 611 168
brett.wilkins@raywhite.com
*Approx

Property Details for Lot 48/7 Panorama Dr, Preston Beach

Building Type
Commercial
Land Size
11122m2

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About Preston Beach 6215

The size of Preston Beach is approximately 72.2 square kilometres. It has 2 parks covering nearly 68.9% of total area. The population of Preston Beach in 2011 was 218 people. By 2016 the population was 226 showing a population growth of 3.7% in the area during that time. The predominant age group in Preston Beach is 60-69 years. Households in Preston Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Preston Beach work in a community and personal service occupation. In 2011, 81.3% of the homes in Preston Beach were owner-occupied compared with 75% in 2016.

Preston Beach has 577 properties. Over the last 5 years, Houses in Preston Beach have seen a 110.17% increase in median value, while Units have seen a 98.89% increase. As at 31 October 2024:

  • The median value for Houses in Preston Beach is $505,155 while the median value for Units is $212,244.
  • Houses have a median rent of $465.
There are currently 7 properties listed for sale, and no properties listed for rent in Preston beach on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Preston beach.

Suburb Insights for Preston Beach 6215

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Brett Wilkins
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RWC WA
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.