Set on a generous 843m² R20-zoned block just 1km from Mandurah's beaches, 21 Myerick Street presents an exciting opportunity for investors, developers and families alike.
Located in an established and tightly held pocket of Mandurah, this property offers a relaxed coastal lifestyle with the added potential for future development upside.
Importantly, the current proposed Mandurah Precinct Plan includes a potential change to the property's zoning from R20 to R40. While this proposed change is not yet confirmed or approved, an R40 zoning may provide greater subdivision and development potential in the future, subject to the relevant planning approvals and requirements. Buyers are encouraged to make their own enquiries with the City of Mandurah regarding the proposed zoning change and any future development opportunities.
Whether you're looking for a tenanted investment, a land-banking opportunity, or a property with potential to subdivide or redevelop in the future (STCA), this address is well worth your attention.
FEATURES
• 843m² block currently zoned R20, with potential future upside if the proposed R40 zoning change proceeds
• Proposed Mandurah Precinct Plan: potential change from R20 to R40 - not yet confirmed or approved
• Potential for future subdivision or redevelopment subject to zoning, planning approval and all relevant requirements (STCA)
• 3-bedroom, 1-bathroom floor plan
• Built-in robes to two of the three bedrooms
• Secure side access through a roller door - ideal for a boat or trailer
• Colorbond fencing for privacy and security
• Currently tenanted at $450 per week, providing immediate rental income until 20/05/2027
• Just 1km to Mandurah's beaches and coastal lifestyle
• Potential future zoning changes may offer further development upside
• Easy-care block with room to renovate, extend or redevelop over time
Council Rates: EST PA $1,111.09
Water Rates: EST PA $2,050
Blocks of this size, in this location, are becoming increasingly hard to find. Whether your plans involve holding it as a tenanted investment, exploring subdivision (STCA), or simply enjoying a relaxed lifestyle close to everything Mandurah has to offer, 21 Myerick Street is well worth a closer look.
Secure your slice of paradise, contact Mack Holman on 0432 041 250 or Harley Taylor on 0459 971 656.
Please note, this property is being sold 'AS IS, WHERE IS'.
Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
