52/98 Mandurah Terrace, Mandurah WA 6210
Offers Over $499,000
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2 Bedrooms
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1 Bathroom
Apartment
Added 1 day ago
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Affordable Investment in a Prime Mandurah Location!
Perfectly positioned in the heart of Mandurah, this well-maintained two-bedroom apartment offers an affordable entry into the property market or a hassle-free addition to an investment portfolio.
Located within easy reach of transport, shopping, dining and the waterfront, the home delivers a lifestyle of convenience with everything you need close at hand.
Currently leased until January 2027 at $480 per week, the property provides immediate rental income, making it an appealing option for investors seeking a secure, tenanted asset.
Inside, the apartment features a light-filled open-plan living and dining area designed for comfortable everyday living. Neutral tones and easy-care flooring create a welcoming atmosphere, while the air-conditioning ensures year-round comfort.
The adjoining kitchen is practical and functional, offering ample storage, tiled splashbacks and an electric cooktop.
Both bedrooms are generously proportioned and provide comfortable accommodation, whether for owner-occupiers or tenants. The bathroom is neat and well presented, complete with a shower, vanity and separate toilet for added convenience.
An allocated parking bay is included, adding to the property's practicality and appeal.
The location is a standout feature. Mandurah Train Station is only moments away, providing easy access for commuters, while Mandurah Forum offers a wide range of shopping, dining and everyday services.
The vibrant foreshore, beautiful beaches and popular cafés are all within close proximity, allowing residents to enjoy the best of the Mandurah lifestyle.
With strata levies of $685.55 per quarter, this property presents an excellent opportunity for first-home buyers, FIFO workers seeking a lock-and-leave base, or investors looking for a centrally located property with strong rental appeal.
Other features:
- Strata Levy: $685.55 per quarter
- Council Rates: Approximately $1,900
- Water Rates: Approximately $1,120 (1/7/25 to 30/6/26 period)
- Currently tenanted on a fixed-term lease until January 2027, returning $480 per week
- Rental appraisal : $480 -$500 per week
If you like to secure this easy to care investment opportunity, call TODAY to discuss further or to make an offer !
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 snapshot by reiwa.com
This property at 52/98 Mandurah Terrace, Mandurah is a two bedroom, one bathroom apartment listed for sale by Gopika Kaku and Jessica Kaku at LJ Hooker Property Experience South.
For more information about Mandurah, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Mandurah profile page.
If you would like to get in touch with Gopika Kaku or Jessica Kaku regarding 52/98 Mandurah Terrace, Mandurah, please call Gopika on 0493 530 809 or call Jessica on 0422 114 037, or contact the agent via email.
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
$726k
Median
$650k
Low end
$590k
17.2 %
Annual growth
$650k
Annual median sales price
$550pw
Annual median rental price
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