Superbly located in Mandurah’s fastest regenerating and developing pocket, in amongst soon-to-open, new and existing businesses, this prized pocket has been a strong council focus in recent years and is brimming with exciting changes, major developments and infrastructure planned for the area or well underway.
This 934sqm corner property is R100 mixed residential/commercial zoned land, with over 58 metres of street frontage onto Forrest & Peel streets, and potential for a redevelopment of up-to 10 units at 3 storeys high (STCA).
Within the healthcare/medical cornerstone of beautiful Mandurah, an array of exciting possibilities are presented to investors, developers, business owners and indeed, home buyers wanting to enjoy this beautiful coastal location and simply relax while watching their capital grow!
Notably, the upcoming widening of Peel Street will drastically improve accessibility, increase traffic flow past your door and is expected to impact property values!
Whether in healthcare, childcare, remedial, professional/corporate, recreational, leisure, fitness, hospitality or otherwise, this excellent property has been primed to suit new business as well as residential occupancy.
Located within minutes walk or drive to absolutely everything; Mandurah Primary School just doors down, buses, Mandurah train station, excellent shopping, dining, healthcare, beautiful foreshore, beach, cafés, restaurants, marina, performing arts & cinema and all amenities truly are at your fingertips.
There is an existing, very neat, well maintained and extensively renovated 3 bedroom, 2 bathroom home that is ready to accommodate as your primary home, rewarding investment or your new business front.
FEATURES:
934sqm Corner block - with over 58m of street frontage (Forrest & Peel streets) and potential for 2 driveways
R100 mixed residential / commercial zoning
Will suit a range of business industries and professional service offices
Cleared and level backyard ready for lots of customer parking
New neighbouring businesses currently opening or soon to open on the busy street.
Ideal investment property - recently returning $350 p/w (Now Vacant)
Opposite Mandurah’s CBD (5-10 mins walk to main shopping/dining strip)
Coastal location, easy walking distance to beautiful foreshore, beach, cafés, restaurants, marina, performing arts & cinema
Medical / healthcare precinct with lots of surrounding medical/healthcare businesses
School across the road (excellent location for daycare business)
Public transport - bus stops metres away, close to train station
PROPERTY:
3 bedrooms/offices plus study
2 bathrooms - (one with 3 seater Jacuzzi spa bath)
2 toilets, large laundry
Modern kitchen with gas appliances
Large lounge room & separate family/meals room.
Covered outdoor patio for entertaining & front porch
Huge powered double garage with workshop
Ceiling fans
NBN & Foxtel connections
Double gates side with side access into large level backyard
Large well bore with loads of water and limestone walls
Fully reticulated lawns and gardens (Large Bore)
2 x Gas Bayonets, gas cooking & new gas hot water system.
RECENT UPDATES & RENOVATIONS:
$7000 new electrical wiring throughout with compliance certificate.
Brand new carpet throughout
Brand new reverse cycle split air con
Recently renovated kitchen
2 bathrooms renovated
2nd toilet added to laundry
Painted throughout to suit offices
Near new large natural gas HWS
New jacuzzi pump
Interested parties are encouraged to do their own due diligence with council authorities about the permissions available with this site - but are also encouraged to act quickly as the demand is strong!
NOTE: The City of Mandurah has purchased 2 mtrs of the original 978sqm block for the Peel Street road widening (total 44 sq mtrs). The remaining block size is 934 sq mtrs.
The City of Mandurah shire will provide and pay the solicitor costs associated in preparing the Deed Transfer Agreement required for change of ownership.