Sold
132 Ormsby Terrace, Mandurah WA 6210
Sold price: $520,000
Sold: 11 Feb 2024
Sold
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Landsize 1,073m2
Land
View
Sold by Tracy Reid - Acton | Belle Property
Are you looking for an exceptional business opportunity in a prime location? Look no further! We present to you two vacant development blocks that can be joined to create a lucrative potential 9-unit site. Nestled close to the captivating beach, vibrant restaurants, and bustling town, this is an investment opportunity you don't want to miss! Each block is zoned R40 with access to water and sewer.
Price guide: Offers over $495,000
Proximity to the lively town ensures a steady flow of visitors. From shopping to entertainment and a smorgasbord of cafes and restaurants, your future residents and guests will have access to an array of amenities just a short walk away.
With the possibility to develop a 9-unit site, you can explore various lucrative business ventures such as luxury vacation rentals, boutique hotels, or charming beachside residences. Perhaps you are looking for the perfect location to build your ultimate dream home? You could even entice the family to build next door ensuring close family connections forever.
Let your imagination run wild and capitalize on this opportunity to shape the coastal landscape.
Don't miss out on this exceptional investment opportunity. Whether you're an experienced developer or a visionary entrepreneur, these vacant development blocks hold immense potential.
Call Tracy today to discuss further details and secure your chance to transform this coastal haven into a thriving business venture.
Act now, and make your mark on the vibrant seaside community!
This Private Treaty Sale is being facilitated by Openn Offers (an online sales process). The Block of Land can sell to any Qualified Buyer at any time, so I highly recommend that you register your interest as early as possible. Call Tracy today on 0408 953 361 to avoid missing out.
Property features
Listing snapshot by reiwa.com
This land listing located in Mandurah was sold by Tracy Reid at Acton | Belle Property Mandurah.
If you would like to get in touch with Tracy Reid regarding 132 Ormsby Terrace, Mandurah, please call 0408 953 361 or contact the agent via email.
Cost breakdown
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Council rates: $2,200 / year
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Water rates: $1,088 / year
Nearby schools
Mandurah overview
A vibrant mixed-residential and commercial suburb, Mandurah is the heart of the Peel district. Once a small fishing village, Mandurah has evolved into a thriving regional city and a popular destination for tourists. Situated along Western Australia's coastline, Mandurah has firmly established itself as a first class 'sea change' destination with an array of property developments that include everything from family homes, to modern apartments in new estates and luxurious mansions with canal views.
Life in Mandurah
An alluring mix of inner-city panache and classic suburban culture define the Mandurah lifestyle. As a result of the 'sea change' phenomenon which transformed the suburb, Mandurah is now home to a major shopping centre, quality restaurants, charming retail outlets, a bustling foreshore and a pulsating boardwalk. Throughout the year, Mandurah hosts several popular annual events such as the Crab Festival in mid-March and the Mandurah Boat Show in mid-October. Other notable features include the Mandurah Train Station, which provides a fast transport option into and out of the Perth CBD, and local schools, Mandurah Primary School, Mandurah Baptist College, Mandurah Catholic College and Frederick Irwin Anglican School.
Mandurah quick stats
High end
$577k
Median
$500k
Low end
$440k
31.6 %
Annual growth
$500k
Annual median sales price
$520pw
Annual median rental price
