The potential to develop up to 6 units (R60 zoning) on a perfect shape1250m2 block with 21m frontage in Central Mandurah is a very rare thing. With a solid 3 bedroom 1 bathroom brick and tile home and just a stones throw to the Mandurah Forum and train Station, it is currently leased to a fantastic tenant who is more than willing to stay long term. Ideal to buy, sit on it and develop later.
The Mandurah Inner City Precinct Plan will change this from its current duplex zoning to a R60 zoning and there is not many blocks over 1200sm in central Mandurah that can offer this.
Do the smart thing and call now.