Here is your change to secure this large 1,062m² vacant block in between established commercial/residential properties including popular consultancy practices.
A R100 "Mixed Use" lot under the Inner Mandurah Precinct Plan, there is an expectation that a minimum of a two-storey development occurs on this lot (up to 3 stories), where the ground floor has provision for potential commercial/business use, while the first floor (and potential second floor) can be residential accommodation. Another option, given the location, is to explore a development for a NDIS project.
With roadside parking bays available out on the street front and with a 20.12m wide frontage on such a large block, off-street parking can be created to maximise the space and commercial value of the property. Of course, any development would be subject to approval from the local council.
This property would suit a savvy investor looking to build their portfolio.
All this is central to the Mandurah Train Station, CBD, beautiful Foreshore, Mandurah Forum, and easy access to local buses-linking you to all the delights of the Mandurah and beyond. For further information, please contact Barry Mitting direct on 0414 475 607.
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:
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