16 Fifth Avenue, Mandurah WA 6210

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