Presenting this 1122 sqm block with 2 bed 1 bath residence that is currently zoned R12.5/ R40 allowing for a 5 unit development. Awaiting Ministerial Approval is the Inner City Precinct Plan under which this site will become a 7 unit site.
The site is located on the highest point of Lanyon Street in Central Mandurah just a leisurely stroll from the Centro Forum Shopping Centre. Be quick to inspect as numerous developers have already taken advantage of development sites on this street and built multi unit complexes both for sale and rent.
Great opportunity for the astute purchaser to unlock the hidden potential in this property and prosper in the process. This property is definitely priced to sell with motivated owners. Call Exclusive Agent Rob Blazic on 0434 465 613 for further details/ inspection.