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Secure Waterfront Investment with Guaranteed Income Potential!
Enjoy premium waterfront living with this modern short-stay apartment. Offered fully furnished, this stylish 2-bedroom, 2-bathroom holiday apartment is located at The Palladio within Mandurah’s sought-after Oceanic Retreat. Showcasing stunning water views and strong investment appeal, this property perfectly captures the relaxed yet vibrant lifestyle of the Mandurah Ocean Marina. Positioned just moments from popular dining venues including Oceanic Bar & Grill and the Oyster Bar, as well as boutique shopping, pristine beaches and the Marina Markets, this location delivers the perfect balance of leisure and lifestyle.
Designed with both comfort and sophistication in mind, the apartment features an open-plan living and dining area, well-appointed bathrooms, a sleek modern kitchen and a generous balcony ideal for entertaining or simply enjoying the marina outlook. Zoned for short-stay accommodation, this property is ideal as a weekend escape or an income-producing investment. Secure basement parking, reverse-cycle air conditioning and immediate income potential complete this outstanding coastal opportunity.
Key Features:
• Two bedrooms and two bathrooms
• Fully furnished with open-plan living
• Secure basement car parking • Beautiful canal / marina views
• Reverse-cycle air conditioning for year-round comfort
• Private balcony to relax and enjoy the water outlook
• Income potential with onsite agent management available
Please note that the owner’s intention is to sell the property only with a lease-back arrangement in place. A secure fixed lease will commence from settlement, providing immediate and reliable weekly income, ideal for investors seeking stability and predictable returns.
The proposed lease terms are as follows:
• Proposed rent: $700 per week
• Initial lease term: 5 years
• Options: Four (4) further 5-year options
• Annual rent increases: CPI
• Market rent review at the end of each option period
Other Features:
• Strata Fees: $1,712.10 per quarter
• Council Rates: Approx. $1,800 per year
• Water Rates: Approx. $1,960 per year
Don’t miss this exceptional opportunity—contact Gopika today to discuss further and secure your own slice of Mandurah’s premier waterfront lifestyle.
Disclaimer: Some pictures are for illustrative purposes only. This description has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate; however buyers must make their own independent inquiries and must rely on their own personal judgment about the information included in this advertisement. Gopika Kaku / Jessica Kaku and LJ Hooker Mandurah provides this information without any express or implied warranty as to its accuracy or currency.
Property features
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Carports
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Property snapshot by reiwa.com
This property at 35/2 The Palladio, Mandurah is a two bedroom, two bathroom unit sold by Gopika Kaku and Jessica Kaku at LJ Hooker Property Experience South on 09 Feb 2026.
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.
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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
$720k
Median
$650k
Low end
$598k
17.1 %
Annual growth
$650k
Annual median sales price
$550pw
Annual median rental price
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