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City Beach’s Timeless Mansion

56 Challenger Parade, City Beach WA 6015

Offers 6 Beds 3 Baths 1473 SQM
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This iconic South City Beach residence, 56 Challenger Parade, takes waterfront living to a new experience.

Built amongst the primary dunes along the coastline, and containing the biggest landholding in the entire precinct, this timeless abode is up for sale.

Constructed from limestone, sandblasted marble, copper, timber and slate, seamlessly blend with the neutral tones from the surrounding dune-scape. Designed by architect Andrew Broughton, the ultimate outcome was to reflect a country club in style.

Contact Information

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Space Real Estate – Scott Swingler – 0403 344 649

The home is owned by a family that have been long-term City Beach residents. City Beach is desirable for families looking to spend the next 6 to 10 years along the coast in a quiet and reserved suburb. The sellers’ favourite thing about the home is its practicality and the unbeatable location with uninterrupted views. This beach house mansion is a forever home.

Unlike most houses within the suburb and along the coastline, this property is subdivisible – thanks to its full-sized tennis court. This would allow two North facing oceanfront properties at approximately 738sqm in size. The architect-designed plans propose the subdivision without demolition by converting the existing dwelling into two smaller dwellings.

After speaking with the representing agent Scott Swingler from Space Real Estate, he believes City Beach is still undervalued compared to other coastline suburbs; such as Cottesloe and Swanbourne. The house prices for the suburb are going to keep increasing, with Swingler concluding “we are only 25 per cent of the way there”.

The price for a home with this land value on offer and its timeless composition will be determined by the current market. “Very recent equivalent sales on the City Beach waterfront have sold for just under $11,000 per square metre of land,” says Swingler. The improvements of the home on top of this have a current replacement cost of $7 – $8 million dollars. The sellers have said they are prepared to accept an offer around the homes land value.

Swingler has been inundated with an enquiry as this reputable home has always been admired by people passing by.

City Beach Suburb Snapshot
  • – $2,282,500 Annual Median Price
  • – 35.8% Annual Growth
  • – 6,606 Population
  • – 12km to Perth CBD
  • – 45 Average Age

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