Sold
26 Ormsby Terrace, Mandurah WA 6210
Sold price: $700,000
Sold: 14 Nov 2022
Sold
-
2 Bedrooms
-
1 Bathroom
-
1 Car
-
Landsize 1,148m2
House
View
Rare Inner City Opportunity
Set date to purchase - 4:00pm Tuesday 15th November 2022 (unless sold prior).
Situated just a 400m stroll to the beautiful Dolphin Quay and directly across the Mandurah Performing Arts Centre, 26 Ormsby Terrace really is something special.
Currently holding a 2 bedroom, 1 bathroom cottage, the property is able to offer an immediate rental return with a long standing tenant in place, with endless potential for development in future should you wish.
The R100/Mixed Use Zoning offers fantastic development potential for apartments or units, whether it be in the near future or perhaps further down the track, allowing you to collect rent whilst taking your time in preparing your plans.
The residence itself consists of an open plan living, meals and kitchen area with direct access to the front and rear gardens, 2 bedrooms and a main bathroom with laundry and W/C.
Outdoors, a verandah wraps from the front of the property to the rear and provides plenty of undercover area to enjoy a barbeque and day to day outdoor living, whilst enjoying the outlook to the abundant grassed yard, established trees and garden.
Positioned in a prime location, 26 Ormsby Terrace offers the best of Mandurah's unique lifestyle, including:
- 210m walk to Keith Holmes Reserve and children's playground
- 230m walk to closest beach access
- 350m walk to Mandurah Eastern Foreshore, with close by cafes, pubs and restaurants
- 400m walk to Dolphin Quay, with shops and cafes galore
- 900m walk to recently completed Estuary Pool
- 1.8km to boat ramp and Mandurah Offshore Fishing and Sailing Club
- 3.2km drive to Mandurah Forum Shopping Centre
- 3.3km drive to Mandurah Train Station
- 5km to Mandjoogoordap Drive where Perth is just a 50-minute drive away
Conveniently situated with the stunning Mandurah Foreshore just across from your front door and with the City of Mandurah investing millions in development around this particular property which would give any investor be it for commercial or residential; an abundance of confidence that this is a sound investment.
For further information on this unique investment opportunity, Call Theo Alexandrou, Selling Director at Ray White Mandurah on 0468 765 205 to schedule an inspection today.
Property features
-
Carports
1
-
Floor area
60m2
Property snapshot by reiwa.com
This property at 26 Ormsby Terrace, Mandurah is a two bedroom, one bathroom house sold by Theo Alexandrou at Ray White Mandurah on 14 Nov 2022.
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
-
Council rates: $1,600 / year
-
Water rates: $1,000 / 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
