FOR SALE
offers to purchase

1 - 3 Dower Street
Mandurah WA 6210

Bedrooms: -
Bathrooms: -
Car spaces: 57
Floor area: 1636m2
Land area: 4135m2
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MANDURAH'S RETAIL CENTRE

Located in the heart of Mandurah's Retail shopping centre and adjoining the Vicinity Group's Mandurah Forum Regional Shopping Centre, this 4,135 m2 lot has a 47-metre street exposure and vehicle access to Dower Street as well as a 27-metre frontage and vehicle access to Mandurah's major commercial strip - Pinjarra Road.
There are two buildings totalling 1,636 m2 of ground floor leaseable space, split into 10 tenancies currently 80% occupied. Tenancies range from just under 100 m2 to just under 300m2 and the leases for the 8 tenants are staggered.
With 57 on site shop front car parking bays there is ample on site parking but also shopper access to additional neighbouring parking.
It's 80 % occupied with an immediate strong cash flow from settlement. For an IM or to discuss the possibilities call the Exclusive Selling Agent Frank Lawrence at Mandurah's leading local Commercial Property Agent H & N Perry on 0412 903375.

Property Details for 1 - 3 Dower St, Mandurah

Building Type
Commercial
Floor Size
1636m2
Land Size
4135m2

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About Mandurah 6210

The size of Mandurah is approximately 7.5 square kilometres. It has 33 parks covering nearly 11.2% of total area. The population of Mandurah in 2011 was 7,327 people. By 2016 the population was 7,827 showing a population growth of 6.8% in the area during that time. The predominant age group in Mandurah is 60-69 years. Households in Mandurah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mandurah work in a trades occupation. In 2011, 38.7% of the homes in Mandurah were owner-occupied compared with 43% in 2016.

Mandurah has 7,657 properties. Over the last 5 years, Houses in Mandurah have seen a 124.97% increase in median value, while Units have seen a 109.19% increase. As at 31 October 2024:

  • The median value for Houses in Mandurah is $548,903 while the median value for Units is $503,986.
  • Houses have a median rent of $500 while Units have a median rent of $475.
There are currently 105 properties listed for sale, and 42 properties listed for rent in Mandurah on OnTheHouse. According to CoreLogic's data, 644 properties were sold in the past 12 months in Mandurah.

Suburb Insights for Mandurah 6210

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Frank Lawrence
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H & N Perry
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.