High demand for affordable housing is not currently being satisfied in Mandurah, due to high land values in desirable locations.
Well! Here’s your chance to snap up one of the best located affordable residential or tourism development sites that has come on the market in recent times.
Already approved for 3.5 units (R40), this could be easily extended by negotiation with adjoining landholders. Either way there’s a good potential profit for a canny developer.
Close to the beach, boardwalk, restaurants, bars and amongst the central Mandurah activity this is a highly desirable place to live.
The existing dwelling is very presentable and has a long-term tenant with a lease in place until late September. Your costs will likely be covered while you go through the design and approval process.
Don’t wait for the bidding war on auction day to let this slip away. Inspect today and make your pre-bid offer. Call Sandy etc.