13 Elimatta Way, City Beach WA 6015

Elevated coastal residence | 875m² north-south landholding | Ocean views to Rottnest | Character home with contemporary upgrade | Private zoning of living spaces This property presents a competitively strong offering due to its substantial landholding in a premier beachside suburb, a configuration increasingly rare. The north-south orientation and elevation secure sun and views, while the sophisticated upgrade of a 1950s character home delivers immediate appeal. It serves a buyer seeking a permanent family residence with formal and informal living separation, capitalizing on the relaxed coastal lifestyle and top-tier school catchments. The high building coverage indicates a significant existing footprint, limiting further expansion but providing substantial internal and alfresco space. The decision hinges on the premium for position and view, as the estimated value sits at a high rate per square metre. The main risk is market cyclicality affecting high-value coastal properties, with carrying costs reflected in a sub-3% gross rental yield. The opportunity is long-term capital preservation in a tightly held location. This property should be acquired as a long-term hold and primary residence, not for yield or short-term gain.