Sold
16 Fifth Avenue, Mandurah WA 6210
Sold price: $299,500
Sold: 26 Feb 2023
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 809m2
House
View
Investment Special - Secure Income + Large 809 m2 Development Block Zoned R25
Inspections "By appointment only"
This older style 2 Bedroom house for sale in Mandurah represents a unique opportunity for an investor to obtain a very well-located property which has development options and a long term tenant in place. You can build a new 4 bed 2 bath home on the surplus land and enjoy significant additional rental income if required.
The existing house consists of living/kitchen/dining , 2 bedrooms, 1 bathroom, a separate laundry, separate toilet and has wood flooring throughout. Internal living space of 82 m2 plus single car port.
To be sold "AS IS".
The current tenant has been in the property for over 18 years and is keen to stay on.
(Current lease is $300 per week and is expiring in October 2023)
Land area = 809 m2
Zoning = R 25
Built in 1972
Distances:
- Tickner Reserve & Playground = 140 meters
- Public Transport (Bus) = 180 meters
- Mandurah Aquatic & Recreation Centre = 500 meters
- Mandurah Forum Shopping Complex = 800 meters
- Mandurah train station = 2.4 km
Property features
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Garages
1
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Toilets
1
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Floor area
82m2
Property snapshot by reiwa.com
This property at 16 Fifth Avenue, Mandurah is a two bedroom, one bathroom house sold by Kevin Sleight at Harcourts Focus on 26 Feb 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Mandurah or see other recently sold properties in Mandurah.
Cost breakdown
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Council rates: $1,622 / year
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Water rates: $966 / 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
$510k
Median
$450k
Low end
$395k
26.8 %
Annual growth
$450k
Annual median sales price
$500pw
Annual median rental price
