Reiwa Reiwa
64 Forrest Street, Mandurah WA 6210

64 Forrest Street, Mandurah WA 6210

Sold price: $500,000
Sold
Sold: 27 Oct 2024

3 Bedrooms

1 Bathroom

Landsize 1,012m2

House

Contact the agent

Aaron Boud

0432028483

Acton | Belle Property Mandurah


Sold by Aaron Boud - Acton | Belle Property

Seize a rare investment opportunity in the heart of Mandurah with this expansive 1,012sqm property, perfectly positioned for future growth and development. Zoned mixed R60, this property is a developer's dream, offering the potential to develop residentially or commercially (subject to Council Approval) on a substantial block. Whether you're an experienced investor or just starting, this property provides a unique chance to buy now, benefit from rental income, and develop later, making it an ideal addition to your portfolio.

Currently, the property is tenanted until February 2025, ensuring a steady stream of income while you plan your next steps. Whether you decide to renovate or bulldoze and develop, the location is unbeatable - situated centrally in Mandurah, just a short walk from the vibrant foreshore, where you can enjoy a variety of cafes, restaurants, and bars. The proximity to stunning beaches, quality schools, and excellent public transport options truly enhances this property's appeal.

The surrounding area is in high demand, with Mandurah continuing to grow as a desirable coastal destination. With so many amenities close by, including shopping centers, recreational facilities, and entertainment options, this property's location will be a key selling point for future projects.

Whether you're looking to secure a lucrative development site or hold onto a high-potential investment, this property offers endless possibilities. Don't miss the chance to capitalize on this fantastic opportunity in the thriving Mandurah market. Contact Aaron Boud today on 0432 028 483 for more information.

Please note, this property is being sold on an 'As Is' basis.


INFORMATION DISCLAIMER:
This information is presented for the purpose of promoting and marketing this property. Whilst we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property.

Property features

Cost breakdown

  • Council rates: $1,780 / year
  • Water rates: $978 / year

Nearby schools

Mandurah Primary School Primary Government 0.1km
Dudley Park Primary School Primary Government 1.7km
North Mandurah Primary School Primary Government 1.8km
Greenfields Primary School Primary Government 2.4km
Mandurah Catholic College Combined Non-government 2.6km
Glencoe Primary School Primary Government 2.6km
Assumption Catholic Primary School Primary Non-government 2.7km
Coodanup College Secondary Government 2.9km
John Tonkin College Education Support Centre Secondary Specialist 3.0km
John Tonkin College Secondary Government 3.0km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4849099