The perfect investment opportunity is here with this huge 1012sqm block zoned R60 - Mixed Use as part of the Inner City Precinct Plan.
The rentable and original 3 bedroom, 1 bathroom cottage features solid timber floors, high ceilings, fire place, a front lounge, open plan dining/family, kitchen overlooking the backyard and an enclosed Patio area. There is also a carport with drive through access to the backyard and an original shed.
This property can be developed into a multi dwelling 10 apartment complex or a 5 unit site (subject to relevant approvals).
Currently tenanted at $280 per week and with the tenants wanting to stay on, this is a fantastic opportunity to secure an investment for your future. Purchase now and wait till you are ready to develop or on sell to a developer when the time is right for you.
Situated only a short walk to the Mandurah Foreshore area, close to cafes, shops, pubs, restaurants and all other amenities. This property has great potential for future growth, so don't miss out, call Aaron Boud on 0432 028 483 to arrange your private inspection today.
