Sold
68 Davey Street, Mandurah WA 6210
Sold price: $400,000
Sold: 05 Sep 2023
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 809m2
House
View
Sold by Lewis Quayle - Acton | Belle Property
An incredible opportunity awaits! Located in the heart of the vibrant Mandurah inner city. This potential 4-unit site is poised to become a lucrative investment, offering a multitude of possibilities for savvy buyers.
Nestled on a substantial 809sqm block, the property currently features a charming 3-bedroom, 1-bathroom home with an additional external toilet. Inside, you'll find a well-appointed kitchen, a spacious dining area, and an inviting lounge, providing a comfortable living space for residents. The dwelling boasts front and rear verandahs that add character and provide the perfect spots to enjoy the outdoors.
The property also includes a massive concrete rainwater tank, ensuring a sustainable water supply, and a generously-sized 9m x 4.5m powered workshop. This workshop presents an excellent space for various projects, hobbies, or additional storage, adding versatility and practicality to the site.
For investors seeking immediate returns, this property presents an ideal rental investment opportunity. The existing dwelling can be rented out while you explore the exciting future potential of this vast block, which is strategically positioned near the Mandurah Inner City Precinct Plan Development.
The Mandurah Inner City Precinct Plan is set to transform the area into a bustling hub of activity, attracting residents and visitors alike with its diverse range of commercial, recreational, and cultural offerings. This development is bound to enhance the value and desirability of properties within its vicinity, making this 4-unit site an even more promising prospect.
Don't miss out on this remarkable chance to invest in a property that promises both immediate rental income and future appreciation. Act swiftly and call Lewis Quayle today on 0426 264 616 to schedule a private inspection.
Property features
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Garages
1
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Toilets
2
Property snapshot by reiwa.com
This property at 68 Davey Street, Mandurah is a three bedroom, one bathroom house sold by Lewis Quayle at Acton | Belle Property Mandurah on 05 Sep 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Mandurah or see other recently sold properties in Mandurah.
Cost breakdown
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Council rates: $1,650 / year
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Water rates: $1,073 / year
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
$577k
Median
$500k
Low end
$440k
31.6 %
Annual growth
$500k
Annual median sales price
$520pw
Annual median rental price
