Large coastal lot | 3-bed contemporary house | direct beach access | tightly held enclave
This property’s primary strength is its rare combination of a modern residence on a substantial 19.45-hectare coastal holding with direct beach frontage, a configuration almost unseen in Swan Point’s typically smaller-lot market. The contemporary build completed in 2022 eliminates renovation risk and positions it for immediate occupation, serving buyers seeking a permanent coastal lifestyle or a low-maintenance retreat with significant land assets. Its lack of environmental overlays further streamlines the purchase.
The principal risk is valuation justification on a per-hectare basis, given the extreme scarcity of comparable large-block sales, potentially leading to financing challenges. The opportunity lies in securing a tightly held coastal enclave parcel, where future subdivision of the land, subject to council approval, could unlock substantial latent value. This property is best acquired as a long-term hold to capitalise on both land banking and lifestyle utility.
* Last sold 2021 for approximately $400,000 (block details unclear).
* Prior neighbouring 0.26ha block sold Feb 2021 after 59-year family hold.
This sales history indicates strong underlying demand for beach-access land in this enclave, but the dramatic increase in both land size and improved dwelling for this listing necessitates a cautious, evidence-based valuation approach distinct from past transactions.