26 Casserley Way, Lancelin WA 6044

Prime corner block 820sqm | Retro beach home appeal | Coastal Lancelin demand | Redevelopment potential The property is positioned on a substantial corner block that is rare within Lancelin — the 820 square metres offer a land component increasingly valued in coastal markets. The retro beach house itself, while modest in size and dated, gives immediate lifestyle utility and character. For a buyer, the competitive edge lies in the land-to-improvement ratio: the dwelling can be used as a holiday home or permanent residence while the underlying site holds redevelopment optionality. This suits an investor seeking long-term capital growth or a renovator wanting to add value through cosmetic updates. The primary risk is the dwelling’s age and condition — coastal exposure may have accelerated wear, and a thorough building inspection is essential. Opportunities include leveraging the corner block for subdivision or a dual‑dwelling development, subject to council approval. The property is best held as a land‑value play, with the existing house offering immediate rental income or lifestyle use until redevelopment becomes viable.