65 & 63 Penguin Road Safety Bay WA 6169

Proudly presenting a rare and highly versatile opportunity in the tightly held Safety Bay commercial precinct - this substantial 2,000m² dual-lot freehold site spans two quarter-acre blocks on separate titles, offering excellent exposure, flexible use options, and significant development potential.

Zoned COM - Commercial, the current improvements feature two well-maintained buildings suitable for a wide range of uses including medical consulting rooms, physiotherapy, dental practices, professional offices, or even boutique retail. With on-site parking and clever internal layouts, the premises are ideal for businesses seeking a functional and high-visibility location.

Strategically located on a prominent corner directly opposite a bustling shopping centre and just moments from the picturesque Safety Bay foreshore, the site is surrounded by a thriving mix of retail, hospitality, and professional services. This makes it an ideal choice for owner-occupiers, investors, or developers looking to secure a foothold in one of the region's most dynamic coastal growth corridors.

Currently, both tenancies are leased, offering an immediate holding income with the flexibility to retain, reconfigure, or redevelop (STCA) in the future. With strong street presence, high volumes of passing traffic, and proximity to Rockingham Shopping Centre and major arterial roads, this is a strategic asset with unmatched potential.

The total annual rental income from all the 10 unit tenancies at 63 Penguin Road, Safety Bay is approximately $105,916.68.

Images and full site dimensions coming soon.
The approximate rates for the 2024/2025 financial year for the properties are as follows:
65 Penguin Road Safety Bay $ 2 750.00
63 Penguin Road Safety Bay $10 984.00