BLUE CHIP COMMERCIAL INVESTMENT
It's one of the best opportunities currently available in the Mandurah market. A high profile, highly visible Commercial property fully leased to long term tenants, showing a strong high income.
Currently returning over $138,000 per year these three commercial units straddle two large blocks of land Zoned Service Commercial in Rafferty Road Mandurah totaling over 2,495m2.
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 7,655 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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