40 Ormsby Terrace, Mandurah WA 6210

991m² of land with over 20 metres of frontage overlooking Keith Holmes Reserve and the Mandurah Marina. This incredibly unique property is a substantial 10 bedroom, 6 bathroom home set across two levels, offering outstanding views, an exceptional amount of space and subdivision potential rarely found in such an incredible location.

Currently configured as one huge home on a single title, the established property is essentially two full-sized, fully functional side-by-side residences that are currently connected through their upstairs living areas. Built in 2003, the clever design means that the two halves of this home could become completely independent subject to the relevant approvals and some relatively minor modifications.

Zoned Strategic Centre, there are a number of development options to explore, with one of the most compelling being the potential to subdivide the property into three lots. This would retain the two existing residences on separate titles while creating a third vacant block of land with over 16 metres of frontage to Ormsby Terrace, subject to the relevant approvals.

Whether you're looking for a substantial family residence, an extraordinary holiday home with room for the entire extended family, or an investment offering the flexibility to live in one residence while generating an income from the other, the options are extensive. For those with a development focus, the potential to retain the existing residences while creating an additional vacant lot adds another dimension to this already unique offering.

The property itself is certainly something special, but the location deserves just as much attention. Positioned between the Mandurah Marina and the Boardwalk precinct, the home enjoys an outlook across the expansive parklands of Keith Holmes Reserve to the calm waters of the marina lagoon. The Mandurah Performing Arts Centre, cinemas, restaurants, cafés and local markets are all just moments away, with the main foreshore and marina also within easy walking distance.

Properties offering this combination of scale, views, location and potential are exceptionally rare. An inspection is essential to fully appreciate the size of the home, the outlook and the possibilities on offer.

Offered for sale with vacant possession, all offers are to be presented by 4pm Monday, 16 November 2026. The seller reserves the right to accept an offer prior to the closing date.

For further information or to arrange an inspection, enquire today or contact Gareth Doust directly on 0431 253 263.