11 Myerick St

Mandurah WA 6210

227 m²

817 m²

House

Currently for sale - view listing

Overview

Here's one for the 'Lazy' Investor

Land bank with hands-free Tenanted income. 817m2 of prime Mandurah Real Estate with an active tenant paying off your mortgage from day one. Welcome to 11 Myerick Street, Mandurah an classic highly durable 3 bedroom, brick and tile home packed with 70's charm! Smart investors, look no further. This is your chance to secure a stress-free, high-yield asset in one of Western Australia's most sought-after coastal regional hubs. Best of all? The heavy lifting is already done. With a reliable, long-term tenant already in place, you can completely bypass the hassle of advertising, vetting tenants, or enduring costly vacancy periods. Settlement happens, and the rental income transitions straight into your bank account. Why Investors will love 11 Myerick Street: • Immediate Cash Flow: Secure an instant return on your capital with a dependable tenant already calling this property home. • The Power of an 817m Block: Land of this size so close to the coast is becoming exceptionally rare. This massive footprint leaves major room for long-term capital growth and potential future site additions (STCA). • Highly Rentable Location: Nestled in a quiet, central pocket of Mandurah. Tenants love this area because it sits within close proximity to local beaches, the vibrant Mandurah Foreshore, and essential commuting links like the Mandurah Train Station. • Family-Friendly Infrastructure: The home is perfectly positioned within the core intake zones for local education hubs, including North Mandurah Primary School and John Tonkin College. The Location Advantage Mandurah continues to outperform as a premier "sea-change" market. Properties on Myerick Street enjoy seamless access to major shopping complexes, local restaurants, medical facilities, and the pristine shoreline. This continuous demand ensures incredibly low vacancy rates and long-term rental security. Don't let this effortless wealth-builder pass you by! To discuss rental yields, lease terms, or to arrange an inspection: Contact Michele to register your interest 0410359422