31 Mandalay Place, Craigie WA 6025

R20/R40 Development Potential

731sqms | R20/R40 | CUL-DE-SAC | PARKSIDE LOCATION | DEVELOPMENT POTENTIAL

Opportunities like this are not simply about buying a home — they’re about buying the right property and having options for the future.

Positioned in a peaceful cul-de-sac, directly adjoining Mandalay Park and just a short walk from Otago Park, this generous 731sqm R20/R40 property represents an ideal real estate acquisition to have in your back pocket for the future.

The existing 3-bedroom, 1-bathroom home is exceptionally neat, clean and fresh, allowing you to move straight in and enjoy it immediately. There’s no need to take on a major renovation — the home is ready to go.

But the real opportunity lies in the land.

With R20/R40 zoning, you have the potential to investigate a number of future options, including retaining the existing home and subdividing the rear, or exploring redevelopment opportunities, subject to the relevant approvals.

The property also includes a large powered workshop, providing excellent additional space for tradies, hobbies, storage or those who simply need room to work.

This is the type of property experienced investors look for — one where you can buy the land, enjoy the property today and retain genuine options for tomorrow. You don't necessarily need to develop immediately. Sometimes the smartest move is simply securing the right piece of real estate and allowing time, planning and future market conditions to work in your favour.

WHY THIS PROPERTY DESERVES YOUR ATTENTION:
• 731sqm of valuable land
• R20/R40 zoning
• Potential to retain and subdivide the rear, subject to approvals
• Existing 3-bedroom, 1-bathroom home - move in ready
• Kitchen with gas cooktop, electric oven, rangehood and dishwasher
• 2 x Split system air conditioners
• Fresh, exceptionally neat and ready to move into
• Large powered workshop
• Peaceful cul-de-sac position
• Directly adjacent to Mandalay Park
• Short walk to Otago Park
• Ideal for an owner-occupier, investor or future developer
• An opportunity to secure a property with multiple future options

This property is how you create opportunity in real estate.

Whether you choose to live in it, rent it out, hold it for the future or ultimately unlock the development potential, this property gives you something increasingly valuable: choice.

Secure the property today. Decide what you do with it tomorrow.

Call Sandy Pralica 0433 189 746