Reiwa Reiwa
40 Elizabeth Street, Mandurah WA 6210

40 Elizabeth Street, Mandurah WA 6210

Sold price: $550,000
Sold
Sold: 21 Jun 2024

2 Bedrooms

1 Bathroom

Landsize 1,163m2

House

Contact the agent

Simon Goodwin

0432039627

Ray White Mandurah


Investment Opportunity, R60 Development Site in Prime Location!

Introducing a rare opportunity to secure a large development block zoned R60, offering endless potential for multiple units or townhouse development. This property presents a lucrative investment in the heart of the thriving Mandurah city precinct.

Property Features:
- Existing original home with a current tenant providing a modest return.
- Zoned R60, offering versatile development possibilities
- Mandurah city precinct plan in place
- Walking distance to Mandurah train station, forum shopping centre, and the stunning Mandurah foreshore
- 1163 square metres

This prime development opportunity is perfectly positioned to take advantage of Mandurah's bustling amenities and vibrant lifestyle. Whether you're an astute developer or investor, this property holds immense potential for substantial returns.

For more information and to request copies of the precinct plan, please contact Simon Goodwin at Ray White Mandurah. Don't miss out on this exceptional opportunity to shape the future of this sought-after location.

Property features

  • Toilets 2

Cost breakdown

  • Council rates: $2,800 / year
  • Water rates: $1,533 / year

Nearby schools

Dudley Park Primary School Primary Government 1.0km
Mandurah Primary School Primary Government 1.2km
Greenfields Primary School Primary Government 1.2km
Mandurah Catholic College Combined Non-government 1.8km
Coodanup College Secondary Government 1.8km
North Mandurah Primary School Primary Government 1.9km
Foundation Christian College Combined Non-government 2.3km
John Tonkin College Education Support Centre Secondary Specialist 2.4km
John Tonkin College Secondary Government 2.4km
Assumption Catholic Primary School Primary Non-government 2.6km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4767796