Sold
2/102 Ormsby Terrace, Mandurah WA 6210
Sold price: $550,000
Sold: 04 Jun 2024
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 462m2
Duplex
View
Location, Location, Location!
Fantastic opportunity for the investor, homeowner or ideal as a great Shack getaway only 100 Metres walk to "Town Beach". This 3 Bedroom 1 Bathroom double brick and tile strata home has solid bones but has been a rental for many years and is in need of some Tender Loving Care to bring back to it's former glory. But for the general handyman most of the work is cosmetic.
Investing in this property will find you a substantial rental return in the current market, thanks to its prime and sought-after location. (Anticipated $500 per week)
The Main Features are:
- NO STRATA LEVIES
- 3 Generous sized bedrooms
- Split System Reverse Cycle Airconditioner
- Shopper entry off Garage
- Great Patio Pergola/ entertaining area.
- Good sized backyard
- Brand new reticulation system to front and back off mains water
- Council Rates: $2,100 p.a. approx
- Water Rates: $1436 p.a. approx
Hurry to secure this little ripper in sought after coastal location and also only minutes to the Central CBD, Shops and Restaurants and of course "The Beach".
Property features
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Air conditioned
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Garages
1
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Floor area
127m2
Property snapshot by reiwa.com
This property at 2/102 Ormsby Terrace, Mandurah is a three bedroom, one bathroom duplex sold by Kent Murphy at Mandurah Estate Agency on 04 Jun 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Mandurah or see other recently sold properties in Mandurah.
Cost breakdown
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Council rates: $2,100 / year
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Water rates: $1,435 / 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
