23 Aldgate Street

Mandurah WA 6210

As a savvy buyer, you know it when you see it—a fantastic development block with an existing home in a superb location. This 1052 sqm, level R60-zoned block in the Strategic Centre Zone of the City's Inner Mandurah Precinct Plan (IMPP) offers a prime investment opportunity with immense potential for a 5-7 lot subdivision or 12-unit apartment development (subject to council approval). Motivated investors are snapping up prime sites in this area fast and building quality developments with a view to capitalising on the current population boom and housing shortage. This property is also ideal for first homeowners looking to enter the market or for investors who might choose to rent out the existing house while planning future developments.

It's no surprise to those in the know that Mandurah took out the Top Tourism Town in Australia for 2023 - its relaxed beach lifestyle and abundant recreational opportunities make this coastal city incredibly attractive for families and investors. The multi-million dollar Waterfront Project with its revitalised boardwalk, playgrounds and swimming enclosure is just one part of the massive redevelopment currently underway as part of Mandurah's City Centre Master Plan. The population of Mandurah has tripled in the last three decades, and continues to boom as the number one lifestyle destination in WA.

23 Aldgate Street is incredibly central and convenient to a whole host of amenities, from the redeveloped Mandurah Forum shopping centre at the end of the street, to the adjacent Rushton Park sports precinct and train station, connecting you to the Perth CBD in under an hour. The beautiful Mandurah foreshore with its lush parklands, cafes, bars and the Mandurah Performing Arts Centre is minutes away. The stunning estuary nearby offers a huge variety of boating, fishing and recreational activities, while the picturesque Dolphin Quay marina has fantastic dining and shopping. Gorgeous Silver Sands beach is a 5 minute drive.