Nestled in the heart of Mandurah on this large 1025m2 block of land is this neat three bedroom brick & tile just a short distance from the train and bus station and close to the Mandurah Forum Shopping Centre. The site is zoned R60 with the potential for 5 or 6 units. The surrounding properties are zoned R100 mixed use, so there is potential for rezoning which would further increase the value. This property has been recently renovated so is ideal as a rental while you get plans approved.
So if you are looking for a development site with an income for now till you’re ready to develop later this is an ideal opportunity. Alternatively, you could simply sit back until the market peaks and cash in on the growth potential by selling to a developer.
For additional information or to arrange a private viewing
contact
exclusive
sales executive Dave Berglund on 0417 921 773.