FOR SALE
From $345,000

14/20 Service Street
Mandurah WA 6210

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Investment Dream or First Home Buyer

One of three apartments remaining and all having NRAS approval if required.
• Unit 4/20 Service Street is Vacant and is a ground floor unit.
• Unit 14/20 Service street is on the first floor
• Unit 15/20 Service street is on the first floor and will be vacate as of the 27th of December 2024
Located within minutes of the Mandurah inner-city precinct. This modern unit offers the astute home buyer an ideal way to get into the property market or if you're an investor it's an attractive investment property with the NRAS TAX FREE incentives transferable to an investor at settlement.
• For investors the Current - Gross Rent is $15,964 + Gross NRAS TAX FREE incentive $12,463.23 = $28,427.23 Gross Rent averaged out = $546.67 p/w.
The features included with this 1st-floor unit are
- NRAS Approval
• Currently leased till the 27/12/2024
• 2 good-sized carpeted bedrooms
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Property Details for 14/20 Service St, Mandurah

14/20 Service St, Mandurah is a 2 bedroom, 1 bathroom Unit. The place is currently for sale with Raine & Horne Cannington.

Building Type
Unit

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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.

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Will Trainer
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Raine & Horne Cannington
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