FOR SALE
OFFERS OVER $649,000

79 Forrest Street
Mandurah WA 6210

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1505m2
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Investment Opportunity of the Year! Live Now, Develop Later!

Here's your chance to secure a rare and exciting investment opportunity in one of Mandurah's most sought-after locations! This charming 2x1 cottage is perfect to live in now while you plan for the future. Nestled on a large 1,505m² R60 zoned block, this property is primed for development and offers incredible potential.
Key Features:
2 Bedroom, 1 Bathroom Cottage – Live in comfort or rent out while you work on your development plans.
Massive 1,505m² Block with R60 Zoning – Unlock the full potential with the ability to subdivide and build multiple units (subject to council approval).
Strata Titled – Enjoy the flexibility and ease of strata subdivision options, allowing you to maximize returns.
Centrally Located – Just minutes from Mandurah Central, beaches, and transport links, you'll have easy access to everything you need for a convenient and enjoyable lifestyle.
Close to Shops, Schools, and Parks – Everything is at your doorstep, making it an ideal spot for future tenants or residents.
Whether you're an experienced developer or a savvy investor looking for a property with fantastic growth potential, this is the opportunity you've been waiting for!
The combination of a liveable cottage and development-ready land offers both immediate income and long-term gain.
Don't miss out on this rare chance to secure a prime piece of Mandurah real estate with unlimited possibilities.
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Property Details for 79 Forrest St, Mandurah

79 Forrest St, Mandurah is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1505m2. The place is currently for sale with CENTURY 21 Coast Realty Mandurah.

Building Type
House
Land Size
1505m2

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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 7,658 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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Chris Butterworth
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Kelsey Dyck
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CENTURY 21 Coast Realty Mandurah
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