40/42 Elizabeth StreetMandurah WA 6210
Property Details for 40/42 Elizabeth St, Mandurah
40/42 Elizabeth St, Mandurah is a 2 bedroom, 1 bathroom House. The property has a land size of 1163m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Mandurah in the last 12 months.
Last Listing description (October 2024)
Introducing a rare opportunity to secure a large development block zoned R60, offering endless potential for multiple units or townhouse development. This property presents a lucrative investment in the heart of the thriving Mandurah city precinct.
Property Features:
- Existing original home with a current tenant providing a modest return.
- Mandurah city precinct plan in place
- Walking distance to Mandurah train station, forum shopping centre, and the stunning Mandurah foreshore
- 1163 square metres
This prime development opportunity is perfectly positioned to take advantage of Mandurah's bustling amenities and vibrant lifestyle. Whether you're an astute developer or investor, this property holds immense potential for substantial returns.
For more information and to request copies of the precinct plan, please contact Simon Goodwin at Ray White Mandurah. Don't miss out on this exceptional opportunity to shape the future of this sought-after location.
Property History for 40/42 Elizabeth St, Mandurah, WA 6210
- 16 Jul 2024Sold
- 15 Dec 2023Listed for Sale $550,000
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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 7,655 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:
- 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.
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