Leigh Smith presents this exceptional investment opportunity in the heart of thriving Mandurah. Set on a generous 1,012sqm R60-zoned block, this rare site offers exciting development potential for a multi-unit or two-storey residential complex (STCA), making it a perfect prospect for developers, investors, or visionaries ready to capitalise on a premium location.

Currently, the property features an original 2-bedroom, 1-bathroom cottage-style home complete with a charming front verandah, cosy lounge with an inviting open fireplace, dining area, and kitchen, offering immediate liveability or rental potential.

Nestled in a high-demand, central pocket, the property is positioned within walking distance of the Mandurah Forum, medical centres, schools, and an array of cafes and restaurants. Enjoy close proximity to the stunning Mandurah Foreshore, Marina precinct, and iconic beaches delivering an enviable coastal lifestyle with every urban convenience at your doorstep.

The property boasts wide street frontage and a flat layout, offering an ideal foundation for a range of configurations to maximise rental yield or future resale. Mandurah's continued growth, rejuvenation projects, and strong rental demand make this the perfect time to secure and develop a site with true long-term value.

Perfectly positioned within walking distance to Mandurah's vibrant town centre, transport, retail, and dining options. Enjoy the added lifestyle benefits of being just minutes to Mandurah's beautiful coastline, estuary walks, and boat-friendly waterways.

The Vendor wishes to rent back for 12 months at market rate, offering the ideal opportunity for an astute investor.

Don't miss this rare chance to develop in one of Mandurah's most connected and liveable locations. Whether you're looking to build and hold, sell, or create your own modern residential project, call Leigh Smith on 0402 174 665 or Cameron Smith on 0472 602 818 today.

Disclaimer: The information contained in this website has been prepared by Leigh Smith Realty and eXp Australia Pty Ltd ("the Company) and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.