For Sale

29 King Dr, Wannanup, WA, 6210

Prime Development Opportunity with Immediate Rental Income

House

Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, April 13, 2026 ( See property details for 29 King Dr, Wannanup, WA, 6210)

From $870,000

Nicole Hindmarsh - Real Estate Agent - Harcourts Mandurah - MANDURAH

Nicole Hindmarsh Sales Executive

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile coastal property on a large R20-zoned block offering development potential, strong rental income, and prime location near the estuary and marina.

🏡 Property Highlights

Substantial 1,497sqm R20-zoned block with subdivision potential (STCA and WAPC approvals).
Currently leased to reliable tenants until November 2026, providing immediate rental income.
Flexible development options to retain the existing home and build 2 additional residences at the rear.
Generously proportioned 3-bedroom home with high ceilings and multiple living areas.
Prime coastal location near the Estuary, Port Bouvard Marina, and local amenities.
Potential for landbank, development, or income generation in a high-demand area.

✨ Key Features

Built-in Robes
Open-Plan Living
Fireplace
NBN / High-Speed Ready
Garden Shed
Waterfront / Views
Outdoor Area
Secure Parking
Waterfront / Views
Outdoor Area / Balcony

Suburb and Property Insights of Wannanup, WA 6210

Wannanup is a highly sought-after coastal suburb renowned for its stunning estuary views, vibrant marina lifestyle, and strong growth prospects. It offers excellent recreational facilities, proximity to local shops and dining, and easy access to boating and water activities. The area is ideal for families, retirees, and investors seeking a relaxed coastal lifestyle with significant development potential. With ongoing infrastructure improvements and a thriving community, Wannanup presents a compelling opportunity for long-term growth.

Frequently Asked Questions

What are the development possibilities for this property?

The property is on a large 1,497sqm R20-zoned block with potential to subdivide (subject to STCA and WAPC approvals), retain the existing dwelling, and develop two additional residences at the rear.

What is the current rental income and lease term?

The property is leased to reliable tenants until November 2026, providing a secure income stream for investors.

Are there any restrictions or approvals needed for subdivision?

Yes, subdivision is subject to council approval (STCA) and WAPC consent. It is recommended to consult with local authorities for detailed requirements.

What are the key features of the existing home?

The home features three bedrooms with built-in robes, high ceilings in the main living area, a functional kitchen with gas cooktop, and multiple living spaces including a secondary area currently used as a fourth bedroom.

Is there potential for future growth in this area?

Yes, Wannanup is a high-demand coastal area with strong growth prospects due to its location near the estuary, marina, and ongoing development projects.

What to ask about this property to agent?

Are there any existing planning restrictions or easements on the property that could affect subdivision or development plans? What are the potential costs associated with subdivision, including council and WAPC fees? Are there any known issues with the property's structure, land stability, or drainage that could impact development? Is the property located within a flood or bushfire risk zone? Are there any upcoming planning or infrastructure projects in the area that could influence property value or development potential?

29 King Dr, Wannanup, WA, 6210 - More Details

Prime Development Opportunity with Immediate Rental Income

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1

29 King Dr, Wannanup, WA, 6210 - Point Of Interest

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Your Commute at a Glance: 29 King Dr, Wannanup, WA, 6210

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29 King Dr, Wannanup, WA, 6210

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