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47 Peel St

Mandurah WA 6210

3
1
2
769 m²
House
Currently for sale - view listing

Overview

Development Potential with Commercial Income in a Prime City Location

47 Peel Street, Mandurah presents an exceptional opportunity to secure a substantial 769sqm landholding in a prominent, high-exposure location. Zoned R100 within the Mandurah Strategic Centre Plan, the property offers exciting potential for future redevelopment. The applicable planning framework provides for a minimum building height of two storeys and a maximum of five storeys, subject to all necessary planning, design and statutory approvals. Currently operating as commercial premises and occupied by a well-established business, the property may appeal to the astute investor seeking commercial rental income while holding strategically located land for future development. Positioned along Peel Street-one of Mandurah's key arterial routes connecting the CBD with Mandurah Road, the bypass and train station-the property enjoys excellent exposure, accessibility and proximity to the heart of the city. The site is improved by an original character home that has been adapted for its current commercial use, adding further flexibility to this unique offering. Whether you are looking for a high-profile commercial investment, a strategic landholding or a future development opportunity, 47 Peel Street deserves your attention. Contact Jill Zimmer 0417 177 880 at Ray White Mandurah for further information or to arrange a private inspection. Inspections are strictly by appointment.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
769 m² lot size
House

Property history for 47 Peel St

2019
Sold
$280,000
12 Mar 2019 by Ben Hatch, of Harcourts Mandurah

Happy sellers in Mandurah

93%
93% of sellers in Mandurah reported that their sale price either exceeded or met their price expectations.

Mandurah stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 106 reviews in Mandurah over the last 12 months.

Local market activity for 3 bedroom houses in Mandurah

In the last 12 months, 138 three-bedroom houses similar to 47 Peel St, have been sold.

This represents a 12% increase in three-bedroom houses sales when compared to the previous 12 months.

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