9 Third Ave

Mandurah WA 6210

126 m²

809 m²

House

Currently for sale - view listing

Overview

Leased Home on a Huge 809sqm - Potential Subdivision Opportunity Block

Positioned in a quiet pocket of Mandurah, this semi-updated 3 bedroom, 2 bathroom home offers an exciting opportunity for homeowners, investors or developers. Set on a generous 809sqm rectangular block with regular terrain, this property combines opportunity today - with a new 12 month lease secured and incredible future potential, Invest now and plan for the future! Freshly updated to the main living areas with a minimalist modern feel, the home features spacious open plan living, a light and bright interior and multiple living spaces ready to move straight into or continue adding value over time. The practical layout offers flexibility for families, tenants or those looking for an investment with future upside. Outside is where this property truly shines. The large block provides outstanding space for additional parking, entertaining, future improvements or potential subdivision/development opportunities. One of the standout features is the ability to potentially divide the land into front and rear lots while retaining the original home at the rear without needing to alter or split the existing structure this really does opening the door to a range of exciting investment possibilities. Located close to parks, schools, shops, public transport and within walking distance to the Mandurah Bus Station and Mandurah Library, the convenience of this location only adds to the appeal. Property Features: Semi-updated 3-bedroom, 2-bathroom home Large 809sqm rectangular block Modern minimalist style throughout Spacious open-plan kitchen and living area Multiple living spaces/sunroom areas Huge backyard with side access potential Quiet residential location close to local amenities Walking distance to Mandurah Library and bus station Potential subdivision/development opportunity (STCA) Excellent investment and future development potential Property has just secured a lease for 12 months until July 2027 at $600 per week. Properties offering this much flexibility, land size and future opportunity are becoming increasingly hard to find in central Mandurah. Whether you are looking to move in, invest, develop or land bank for the future, this is an opportunity not to be missed. Approx Water Rates Per Year: $722.28 Approx Council Rates Per Year: $1864.00 Contact Team Veda today to arrange your viewing Disclaimer: The information provided is for general marketing purposes only and is based on details supplied by the Seller, Lessor, or other third parties. While all care has been taken to ensure accuracy, Mandurah City Real Estate makes no warranty or representation as to its correctness and accepts no liability for any errors or omissions. Interested parties should not rely on this information and are advised to conduct their own independent investigations and seek professional advice where appropriate.