63 Peel Street, Mandurah, WA 6210
- 2
Sold
Well Located Development Site
We have pleasure in presenting for sale this well located, 769m2 development site which has a generous 20metre frontage.
Zoned Strategic Centre, the site being on a link road means it has good access to public transport which is ideal for both business or a residential development suited to rentals.
The property is situated among both business and unit developments so there is choice to do one or both of these uses.
The zoning has indicated there is the potential to do 6 or 7 residential units and/or a commercial development, subject to council approval.
The site currently has a brick/tile home that is waterproof and livable but is in reasonably poor condition and would need some work to get it to a reasonable standard for rental purpose. We attribute no value to the building so only a few photos of the inside are advertised.
Contact Peter Vetten for more information m: 0403584466 e: [email protected]
DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
Peter Vetten
Principal & Licensee
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Property Info:
- Property ID: L27155878
- Property Type:House
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R&H Suburb Profile: Mandurah
R&H Suburb Summary | Houses |
---|---|
Number of sales | 368 |
Average Price | $486,362 |
Median Price | $450,000 |
Median Rental Price | $500 p.w. |
Change in Rental Rate (5yr) | 85 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 291 |
Average Price | $450,934 |
Median Price | $375,000 |
Median Rental Price | $475 p.w. |
Change in Rental Rate (5yr) | 83 % |
Median Trend - $450,000
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