1 Penguin Close, Heathridge WA 6027

Corner block in Heathridge | workshop and four parking | renovated 3×1 | early $1m entry point The corner aspect and workshop give this house rare functional flexibility for a standard 3×1 layout. Four parking spaces are unusual in the early $1m bracket, which improves appeal for trades, boat owners, or multi-car households. The renovation means the buyer avoids immediate capital spend. This property suits owner-occupiers who value workshop space and parking over a second bathroom, or investors seeking a low-maintenance hold in a suburb with 76% owner-occupancy and stable demand. The single bathroom is the main constraint, limiting family appeal and resale depth. No recent comparable sales on Penguin Close make pricing execution uncertain. The corner block may offer future subdivision potential if zoning permits, but this is not confirmed. The 2024 sale of a smaller 2×1 on the same close suggests the street can absorb turnover. Hold as a renovated home with strong utility; re-evaluate subdivision only if council planning confirms opportunity.