A sprawling beachside property said to be one of the rarest landholdings along the WA coastline has hit the market for the first time in more than 90 years.
Overlooking the golf course and just footsteps to Cottesloe beach, the 1274sqm landholding with three units at 34 Forrest Street, Cottesloe could fetch anywhere between $11 million and $13 million according to sales agent Justin Davies from Space Real Estate.
The 1,270sqm landholding overlooks the Seaview golf course and is just footsteps to Cottesloe beach. Picture: realestate.com.au
Mr Davies, who is selling the property on behalf of the family of the vendor, who is her in ‘90s, said the property has belonged to the same family across three generations
“She was born there. She has lived her whole life there and has just gone into a nursing home maybe six months ago,” he said.
“It's not like there's other blocks that exist that might come on the market one day. This is it."
It's said to be "one of the rarest and most unique landholdings" along the WA coastline. Picture: realestate.com.au
The property itself was lovely “in its own way,” Mr Davies, said but the land value was the drawcard.
“There's probably only 10 properties that are over 1200sqm residential properties in ocean side Cott and there's probably maybe half a dozen that are around the size that this one is.
“Someone can come along and build one beautiful residence, or it can be two blocks, or it can be three blocks, just given the nature of the size of the landholding” he said.
“We've got people that want to buy the whole site. We've got people that would buy half the site with somebody else, and we've got people that are thinking they'll buy the whole site, maybe keep 900sqm and then sell off 450sqm.”
The property has been held by the same family for three generations. Picture: realestate.com.au
It follows the recent sale of another generational landholding on the other side of the golf course last year for $12.8 million, according to property records.
The circa-1925 property at 11 Pearse Street, Cottesloe, known as 'Richon,’ was held by the same family since 1966, having been purchased by Wheatbelt farmers to establish a city base and prepare for their children's high school education.
11 Pearse street sold in late 2025 for $12.8m. Picture: realestate.com.au
The Edwardian style home was part of the Town of Cottesloe’s municipal inventory and its statement of significance noted that the residence is an example of the “predominant architecture in Cottesloe prior to WWI in a spacious setting”.
The property had been in the same family for almost six decades. Picture: realestate.com.au
The 1181sqm block had subdivision approval for two blocks, and potential to split into three or four blocks.
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