2 Laguna Rise

Set within one of Mullaloo's most tightly held coastal pockets, this substantial 784sqm corner block presents a rare opportunity to secure genuine walkable beach access, dual road frontage, strong future upside and a foothold in one of the suburb's most desirable positions. Positioned approximately 200 metres from Mullaloo Beach, moments from Mullaloo Beach Primary School, and surrounded by established coastal homes, this is the type of landholding buyers wait years for. The existing 5 bedroom, 2 bathroom home requires renovation, however it offers immediate functionality, multiple living areas and a solid foundation for those looking to improve over time. The real strength here is the land, the corner configuration, the beachside position and the ability to further capitalise in a proven coastal market. For buyers thinking long term, the fundamentals are compelling. Mullaloo has seen strong long-term growth, with 10-year house price growth around 14.5%, median rents sitting around $920 per week, and potential rental return estimated around $980 per week as is, subject to final presentation and market conditions. Whether your plan is to renovate, redesign, rebuild, hold as a long-term coastal investment or explore a potential dual dwelling / strata pathway subject to council and WAPC approval, this is a property with genuine strategic value. Why this property stands out Full 784sqm corner block Approx. 24.3m frontage and 22.3m side return Approx. 200m walk to Mullaloo Beach 5 bedrooms, 2 bathrooms Dual road frontage with added flexibility Potential dual dwelling / strata pathway, subject to council and WAPC approval Strong renovation, rebuild or long-term hold potential Moments from Mullaloo Beach Primary School Close to parks, cafés, coastal walkways and local amenities Rare entry point into a tightly held beachside pocket surrounded by quality homes This is not simply a home. It is a strategic coastal landholding with immediate usability, renovation upside and long-term potential in one of Mullaloo's most tightly held locations.