It is extremely rare that a Palm Beach waterfront home becomes available in the much sought after north east facing position on wide water. It is even rarer to find one at such an affordable price.

The original three bedroom home is in good condition and is located on a large 825m2 block with an 18.3m frontage to a sandy beach and crystal clear water.

There is plenty of room to extend the home or start with a clean slate and build your dream home, which is becoming the trend along Mallawa Drive.

The Palm Beach canal lifestyle is hard to beat for a place to raise a family with fishing, swimming and boating all at your own back door.

The home is also conveniently located to shops, schools and the beach.

With precidents of “land value” sales on Mallawa Drive reaching 1.25 million, this opportunity represents exceptional value.

The owner says that he is happy to leave his fishing rod as part of the sale.

Sustainability Declaration available from PRDnationwide Palm Beach.