Sold
20 Morfitt Street, Mandurah WA 6210
Sold price: $265,000
Sold: 26 Jul 2021
Sold
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2 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 820m2
House
View
CENTRAL DEVELOPMENT OPPORTUNITY
This could be your opportunity to purchase the right property at the right time. This cute 2 bedroom, 1 bathroom cottage is a "Golden Oldie" with a platinum future.
Your new investment property could be part of your wealth accumulation. This awesome central location is strategic to the potential of this property. Zoned R60 Inner Mandurah Precinct Plan means you have the potential to build 5 plus units (subject to Council approval) or keep as a rental & develop when ready. You have the advantage of a 819m2 block with an 18.11m frontage.
Due to potential side access, you may consider a two stage development - the rear of the property first, keeping the front cottage as is and finish the development later (subject to Council approval). Maybe you could use as a holiday cottage or live in it yourself which you wait to develop. You could be accumulating future wealth in your own backyard.
Short distance to the train station, beaches, shopping, medical & all the wonderful Mandurah lifestyle choices you can enjoy.
The time could never be better than NOW to set yourself up for the future!
Call now - Les Walters (the guy with the 7 kids) on 0407 060 566 for your personal viewing.
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 20 Morfitt Street, Mandurah is a two bedroom, one bathroom house sold by Les Walters at H & N Perry on 26 Jul 2021.
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: $1,500 / year
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Water rates: $940 / 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
$728k
Median
$653k
Low end
$598k
17.6 %
Annual growth
$653k
Annual median sales price
$550pw
Annual median rental price
