FOR SALE
UNDER OFFER

59 Flora Terrace
Watermans Bay WA 6020

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1007m2
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Endless Coastal Possibilities - Rare Duplex Development Site!

All offers presented by 6.00pm on Wednesday 21st August 2024 (unless sold prior). The sellers reserve the right to accept an offer prior without giving notice.
Unlock the potential of coastal living on this expansive 1,007sqm (approx.) development block, complete with two charming 2 bedroom 1 bathroom beach houses and a premium Flora Terrace address, in between both bush and beach.
Nestled on the one title, these versatile homes provide immediate comfort or scope for twice the rental income, allowing you to enjoy or lease them while planning your next move. The sprawling site as a whole offers a unique opportunity to shape your perfect haven - within a few hundred metres of majestic "Class A" Star Swamp Bushland Reserve walking trails, as well as a glorious stretch of surf and sand in between North Beach and Watermans Bay Beach.
The existing residences each have huge living areas, gas cooking and their own entry verandas from where those sensual sea breezes can be absorbed. A private backyard-lawn area is merely a snapshot of what can be achieved outdoors, with more than enough space available for that future swimming pool or alfresco kitchen you have always wanted.
In terms of parking, a double lock-up garage and double carport sit side-by-side and can be allocated to each home as you see fit. There is ample driveway space too, for good measure.
Imagine a prime location just moments from magical sunsets on the horizon, bus stops to take you wherever you want to go and brisk walks to Flora Terrace's vibrant café and restaurant precinct down the road - including the local icon that is Mister D'Arcy. Also only minutes away in their own right are the likes of the lush Braden Park, Marmion Village Shopping Centre, Marmion Primary School, the Marmion Angling and Aquatic Club, Sorrento Quay, the magnificent Hillarys Boat Harbour, the new Hillarys Beach Club, Trigg Point, public and private golf courses, community sporting amenities, major shopping centres (including new-look Karrinyup), the freeway, train stations, Sacred Heart College and other excellent educational facilities.
Whether you envision a luxurious new development, a bespoke family retreat or multiple modern beachside properties, this prime parcel of real estate on the Terrace is your brilliant "blank canvas" from which to create the ultimate dream lifestyle!
Other features include, but are not limited to;
• Solid brick-and-tile construction
• Spacious and carpeted front lounge room to the main home - complete with a gas bayonet for heating (plus a second gas bayonet on the adjacent entry verandah - ideal for summer barbecues)
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Property Details for 59 Flora Tce, Watermans Bay

59 Flora Tce, Watermans Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1007m2. The place is currently for sale with Ray White Keevers Group.

Building Type
House
Land Size
1007m2

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About Watermans Bay 6020

The size of Watermans Bay is approximately 1.2 square kilometres. It has 5 parks covering nearly 55.6% of total area. The population of Watermans Bay in 2011 was 1,170 people. By 2016 the population was 1,286 showing a population growth of 9.9% in the area during that time. The predominant age group in Watermans Bay is 60-69 years. Households in Watermans Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Watermans Bay work in a professional occupation. In 2011, 66.2% of the homes in Watermans Bay were owner-occupied compared with 68.1% in 2016.

Watermans Bay has 737 properties. Over the last 5 years, Houses in Watermans Bay have seen a 95.31% increase in median value, while Units have seen a 46.35% increase. As at 31 August 2024:

  • The median value for Houses in Watermans Bay is $1,788,198 while the median value for Units is $704,681.
  • Houses have a median rent of $925 while Units have a median rent of $638.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Watermans bay on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Watermans bay.

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Carlo Coelho
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Ray White Keevers Group
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