47 Peel Street, Mandurah presents an exceptional opportunity to secure a substantial 769sqm landholding in a prominent, high-exposure location. Ideal to get into the property market this mixed use residential property is in a convenient location to commute to the city. Or if you are wanting a business premises this could be your opportunity to stop renting and secure your own property.
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.
