FOR SALE
UNDER CONTRACT

12/436 Safety Bay Road
Safety Bay WA 6169

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
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CONTACT AGENT ON 0407 196 253 FOR WALK-THROUGH VIDEO OR AN INSPECTION...
(or for photos check out Units 9 and 28 in the same complex that are under offer but still online...)
There are many ways to describe this apartment, such as is ‘Investment GOLD’… ‘First Home-buyer HEAVEN’… ‘Downsizers DELIGHT!’... and ‘Updators Inspiration’ is definitely one...
Welcome to the perfectly positioned beachside apartments that make up 436 Safety Bay Road, otherwise known as ‘Surf Side Waikiki’, and if you don’t know the complex, it is definitely worth a drive-by for the location alone.
As an investment property or a lifestyle choice opposite pristine Waikiki beach and the newly upgraded foreshore precinct, things are only going to get better with the exciting development approved for next door to include all the conveniences you could wish for, just a short walk away and adding value to this great apartment...
There are no photos online because yes - this apartment is a little tired and needs new carpets (or other flooring) and a full paint job to make it shine again, having been a long-term rental – but if you give it some love it will love you back!
Appealing to all buyer groups, I am excited to present an opportunity to either someone wanting to enter the real estate market; someone wanting to make some money, or just someone wanting to make it yours and retire a short stroll from the water’s edge, BUT… the successful buyer needs to understand how property works and that:
• Location is EVERYTHING! (it’s across the road from a pristine beach, with a tavern, shops, cafes and more planned for next door)
• You don’t make money buying someone else’s renovation, and
• Cosmetic Improvements are the quickest and easiest way to increase your equity and the value of your property
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Property Details for 12/436 Safety Bay Rd, Safety Bay

12/436 Safety Bay Rd, Safety Bay is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 68m2. The place is currently for sale with Redmond Realty.

Building Type
Apartment
Floor Size
68m2

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About Safety Bay 6169

The size of Safety Bay is approximately 4.7 square kilometres. It has 28 parks covering nearly 18.8% of total area. The population of Safety Bay in 2011 was 7,395 people. By 2016 the population was 7,414 showing a population growth of 0.3% in the area during that time. The predominant age group in Safety Bay is 50-59 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 2011, 74% of the homes in Safety Bay were owner-occupied compared with 75.6% in 2016.

Safety Bay has 3,807 properties. Over the last 5 years, Houses in Safety Bay have seen a 108.00% increase in median value, while Units have seen a 115.90% increase. As at 30 September 2024:

  • The median value for Houses in Safety Bay is $765,307 while the median value for Units is $464,128.
  • Houses have a median rent of $563 while Units have a median rent of $485.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Safety bay on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Safety bay.

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Sonia Makoare
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Redmond Realty
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