FOR SALE
Offers over $549,000

33 Sholl Street
Mandurah WA 6210

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Land area: 1012m2
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ICONIC DEVELOPMENT OPPORTUNITY IN BOOMING MANDURAH

Mandurah is one of the drivers of Australia's investor boom and is the top regional property hot spot to watch.
With that in mind, investors will be excited to learn of a rare opportunity to secure an iconic developmental site located in the main street of Mandurah at 33 Sholl Street.
A thriving coastal city located approximately 50 minutes south of Perth, Mandurah, fondly known as "Little Venice", offers a sublime laidback beachy lifestyle with all the amenities including outstanding employment, educational and sports opportunities, shops, restaurants, bars, waterside walks and cycleways and a train to Perth.
Mandurah's forecast population is anticipated to grow by around 44% until 2046.
With the potential to develop up to eight storeys or 32 metres, and offering almost a quarter of an acre of prime land, 33 Sholl Street poses an ideal mixed-use development project with main street frontage.
With its adjacent neighbours of 29-31 Sholl Street – a bustling medical, hospitality and education hub – the opportunities to cater to this active area are aplenty!
On a lot size of 1,012 square metres, 33 Sholl is perfectly positioned to maximise investment returns and make the most of blue-sky ventures.
Zoned 'Strategic Centre' (under the City of Mandurah Local Planning Scheme No. 12) 33 Sholl's future development allows both residential and non-residential use, such as an office, shop or medical centre on the ground floor and living above.
33 Sholl Street – an iconic development opportunity – is being sold by Jane Carew-Reid, a real estate professional at H & N Perry, a pioneer Mandurah agency with more than 70 years of success in this region.
For further information, please contact Jane Carew-Reid on 0418 956 753.

Property Details for 33 Sholl St, Mandurah

Building Type
Land
Land Size
1012m2

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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 7,685 properties. Over the last 5 years, Houses in Mandurah have seen a 129.73% increase in median value, while Units have seen a 90.44% increase. As at 30 November 2024:

  • The median value for Houses in Mandurah is $559,935 while the median value for Units is $503,671.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 97 properties listed for sale, and 37 properties listed for rent in Mandurah on OnTheHouse. According to CoreLogic's data, 605 properties were sold in the past 12 months in Mandurah.

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