DEVELOPMENT POTENTIAL, RENTAL INCOME & A FANTASTIC LOCATION!
Riddhi Patel from Harcourts Mandurah is proud to present 12 Eacott Street, Mandurah - a fantastic opportunity for developers, investors and buyers looking to secure a generous parcel of land in the heart of Mandurah.
Situated on a substantial 1,012sqm block with R60 zoning and currently generating $600 per week in rental income, this property offers an exciting combination of immediate investment return and future development potential.
Whether you are looking to develop, invest or land bank for the future, this is an opportunity worth exploring!
THE OPPORTUNITY
With approximately 18 metres of street frontage and R60 zoning, this property offers potential for multiple dwellings, subject to council approval and relevant planning requirements.
The existing home is positioned on a generous block with side access, giving buyers the opportunity to investigate different development options, including the possibility of retaining the existing residence.
For investors, the current rental income of $600 per week is an added bonus, allowing you to receive income while exploring your future plans.
PROPERTY FEATURES YOU WILL LOVE:
• Generous 1,012sqm block with R60 zoning
• Approximately 18 metres of street frontage
• Currently rented at $600 per week
• Three spacious bedrooms
• One bathroom
• Original timber flooring and high decorative ceilings
• Timber window frames adding character to the home
• Functional kitchen with timber detailing
• Additional family/games room with reverse-cycle air conditioning
• Roller shutters to bedrooms and bathroom
• Solar power system
• Instantaneous gas hot water system
• Side access to the backyard
• Powered workshop/garage
• Spacious backyard with plenty of room
• Established brick-and-tile home built in 1961
LOCATION YOU WILL LOVE!
One of the biggest advantages of this property is its fantastic location!
Positioned in central Mandurah, you are only a short distance from the beautiful Mandurah Foreshore, where you can enjoy waterfront restaurants, cafés, walking paths and everything this wonderful coastal city has to offer.
You will also enjoy convenient access to:
• Mandurah Foreshore and Marina
• Mandurah Forum Shopping Centre
• Local schools and childcare facilities
• Mandurah Train Station and public transport
• Beautiful beaches and parks
• Local shops, cafés and restaurants
• Medical facilities and everyday amenities
Whether you enjoy a morning walk along the foreshore, dining by the water or spending weekends exploring Mandurah's beautiful waterways, this location has so much to offer.
INVEST NOW, DEVELOP LATER!
Properties offering this combination of land size, zoning, rental income and central location are certainly worth considering.
For developers, this could be your next exciting project. For investors, it offers an opportunity to secure an income-producing property with future possibilities. And for those looking to land bank, it is a chance to secure a substantial piece of Mandurah.
For further information or to arrange a viewing, contact Riddhi Patel -0410655968 from Harcourts Mandurah today.
Disclaimer: All development potential is subject to council approval, relevant planning requirements and buyers' own due diligence. Buyers are encouraged to make their own enquiries with the City of Mandurah regarding zoning, development potential and relevant approvals.
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
