Sold
55/98 Mandurah Terrace, Mandurah WA 6210
Sold price: $129,000
Sold: 10 Jul 2021
Sold
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1 Bedroom
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1 Bathroom
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1 Car
Unit
View
FOR THE WISE INVESTOR
WALK TO THE BEACH
This unit sits in the middle of Mandurah with everything only moments away!
The beach, cafes, bars, and shops.
This Unit was renovated only a couple years ago and still shines.
Situated on the 1st Floor, the unit also includes your own Parking Bay.
Great investment as rent should outdo mortgage repayments!
Some Features Include: -
• Wall mounted Air conditioning
• Clean and Modern
• Centrally Located to Shops, Cafes, Hotels
• A Short Walk to The Beach and Surf
• LED Downlights Throughout
• Tenanted Until 15/4/2022 @ $210/ Week.
• Approx. 5.5% Return
Currently Tenanted by a lovely lady who is keen to stay even beyond 15/4/2022.
Property features
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Carports
1
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Floor area
41m2
Property snapshot by reiwa.com
This property at 55/98 Mandurah Terrace, Mandurah is a one bedroom, one bathroom unit sold by Kent Murphy and Andre Manzoni at Mandurah Estate Agency on 10 Jul 2021.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Mandurah or see other recently sold properties in Mandurah.
Cost breakdown
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Council rates: $1,500 / year
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Water rates: $865 / year
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Strata fees: $540 / quarter
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
$510k
Median
$450k
Low end
$395k
26.8 %
Annual growth
$450k
Annual median sales price
$500pw
Annual median rental price
