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26/22 Old Pinjarra Rd, Mandurah WA 6210

$499k 9% Yield!! ALL SOLD!
  • 3 Bedrooms
  • 2 Bathrooms
Villa
26/22 Old Pinjarra Rd, Mandurah WA 6210

ALL SOLD ! 2 Rental Incomes/2 Separate Tenancies for the price of 1 property ! Over 9% yield! Rare Investment Opportunity

ALL SOLD !! BE QUICK TO SECURE YOUR LAST LOTS for this extremely popular House & Land package.

THE GOOD NEWS FOR YOU:
Mandurah enjoys a whopping 22.4% annual growth! Coupled with this extremely popular and lucrative High-Yield, Double-Occupancy (with double rental income) investment strategy .
Final 2 lots left! Construction is underway and houses to be completed within 12 months.

At $499k purchase price buying you 2 separate residences, you are a winner no matter how you look at it. At rental of $900/week, the yield is over 9% leasing both residences out, or live in one and lease the other one out to enjoy a strong rental income or to cover your mortgage payment. This is your golden opportunity to use such a lucrative & smart Investment strategy many highly-experienced and successful investors engage to out-perform and super-charge their property investment returns!

These double bricked houses, to be completed in 12 months by the reputable Shelford Building group, is located in the vibrant city of Mandurah awaiting all types of astute buyers. Highly in demand by investors, both local and interstate buyer, as well as from overseas buyers, double-occupacny properties like this are a very rare find.

PLUS you get the bonus of an excellent location in Mandurah - Mandurah has a whopping 22.4% annual growth ! (per REIWA & Market data). Mandurah is one of the fastest growing areas per market performance achieved, and is extremely well-served by trains and public transport as well as our Perth main North-South freeway.

BUYER'S REJOICE!
The double-occupancy property, comprises of 2 separate units under the same roof, with separate entrances/living spaces: giving you a unit of 2 bedder with 1 bathroom, & another unit of 1 bedder with 1 bathroom. The property, sitting on titled land of approx 300 sqm, is located in one of the most highly-sought after pockets in Mandurah. Live comfortably with your families and loved ones under the same roof BUT in 2 separate "houses" next to one another, with all the privacy you need at the same time.

INVESTOR'S REJOICE! Rental $900/week !
But what is double/dual occupancy? Essentially, you are getting 2 residences (2 "houses") for the price of only 1 property. With the rare ability to earn 2 separate rental incomes from 2 separate tenancies!
Lucrative, excellent opportunity of a land and house package with dual occupancy, giving you returns of approx $900/week to $950/week; over a high 9% yield!

TOP LOCATION:
Mandurah is one of the fastest growing areas per market performance achieved, and is extremely well-served by trains and public transport as well as our Perth main North-South freeway.
Located just off Pinjarra Rd and close to Mandurah Rd, this property provides advantageous access into the heart of Mandurah and convenience to the northern and southern parts of Western Australia. A plethora of amenities are located nearby, such as Mandurah Forum (2.3km), Mandurah Aquatic And Recreation Centre (3.0km) for all your shopping and fitness needs! Along with Early Learning Centres, Primary Schools, Colleges, TAFE and University campuses nearby, this property is suitable for occupiers of all ages! Please see below a list of some of the nearby places of interest showing the convenience of the location. Public Transport options are a short walk away as well, providing access to inner Mandurah, Ravenswood, and Pinjarra.

ONLY 2 LOTS LEFT!!! ALL SOLD!! BE QUICK TO SECURE YOUR LAST LOTS!!

DOUBLE- OCCUPANCY BENEFITS
The Lucrative Benefits of Dual-Occupancy Housing are endless!
• Dual Occupancy housing offers 2 independent tenancies on one lot and title, giving you 2 separate rental incomes immediately & higher yields
• If you are looking for a place to live and an asset to pay off the mortgage this is a great option.
• Retirees/downsizers can have a home to reside in whilst enjoying a passive income.
• Families with older children or elderly parents can live with convenience of being together, whilst also being separate

Some Nearby Amenities Include:
• Joseph & Dulcie Nannup Trail along Serpentine River (290m)
• Goodstart Early Learning Centre (750m)
• Riverside Primary School (1.2km)
• ACE Early Learning Centre (1.4km)
• Foundation Christian College (1.8km)
• Coodanup College (2.0km)
• Peel Health Campus (2.0km)
• Frasers Landing Playground (2.3km)
• Mandurah Forum (2.3km)
• Spudshed (2.3km)
• Amaze Miniature Park (2.4km)
• Lake Goegrup Boardwalk (2.5km)
• Coodanup Community Centre (3.0km)
• Mandurah Aquatic And Recreation Centre (3.0km)
• Mandurah Catholic College (3.2km)
• Mandurah Train Station (3.8km)
• South Metropolitan TAFE (3.8km)
• John Tonkin College MET Campus (4.2km)
• Murdoch University Mandurah Campus (4.3km)
• Silver Sand Beach (5.5km)
• Mandurah Performing Arts Centre (5.7km)

ONLY 2 LOTS LEFT!!! ALL SOLD !! BE QUICK TO SECURE YOUR LAST LOTS!!

DISCLAIMER: Whilst every care has been taken with the preparation of the information believed to be correct in the advertisement, neither the Advertiser, Agent nor the client nor servants of these, guarantee its accuracy. Interested parties must make their own enquiries and satisfy themselves with any aspect. The information contained are not intended to form part of any contract. Images are for illustrative purposes only. Users of this advertisement must do their own due diligence and absolutely no liability and/or no responsibility will be assumed by the Advertiser/Agent/Associated Parties etc.

Property features

  • Toilets 2

Property snapshot by reiwa.com

This property at 26/22 Old Pinjarra Rd, Mandurah is a three bedroom, two bathroom villa listed for sale by Tris Ang and Jon McIlwraith at Assure Property Group.

For more information about Mandurah, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Mandurah profile page.

If you would like to get in touch with Tris Ang or Jon McIlwraith regarding 26/22 Old Pinjarra Rd, Mandurah, please call Tris on 0404 820 888 or call Jon on 0449 991 788, or contact the agent via email.

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Nearby schools

0.9km
Riverside Primary School
  • Primary
  • Government
1.2km
Foundation Christian College
  • Combined
  • Non-government
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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 $490k
Low end $430k
32.4 %
Annual growth
$490k
Annual median sales price
$520pw
Annual median rental price

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FAQ's

The average number of selling days in Mandurah is 11 days.

The median house price in Mandurah is $490,000, the median unit price is $425,000.

26/22 Old Pinjarra Rd, Mandurah is a 3 bedroom, 2 bathroom villa.

You can calculate your mortgage repayments using our mortgage calculator.
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