Presenting an exceptional development opportunity—1029m² of Residential R60 zoned land featuring a well-maintained 3-bedroom home with a long-term tenant of over 7 years who would love to stay for the long term. Located in the heart of Mandurah, this property offers a prime chance to secure a high-potential site.

Development Potential
Located within the Inner Mandurah Precinct Plan, this versatile R60-zoned site provides a variety of development options (subject to council approval):
- Grouped Dwellings (R60): Potential for up to eight townhouses with a minimum lot size of 120m² each.
- Grouped Dwellings (R50): Alternatively, consider up to five townhouses with a minimum lot size of 180m² each.
- Multiple Dwellings (Apartments): The site can accommodate 10–12 units, depending on size and configuration.

Prospective buyers are encouraged to verify development requirements with the Shire of Mandurah. The site’s flexibility makes it ideal for multiple project types.

Prime Location
The property’s location offers unmatched convenience:
- Mandurah Foreshore: Just 2.3km away, with scenic waterfront views and leisure options.
- Mandurah Forum Shopping Centre: A 2.2km drive, offering a wide array of retail and dining venues.
- Town Beach: Only 1.5km away, perfect for relaxation and family outings.
- Mandurah Train Station: 1.6km from the property, ensuring easy access to Perth and beyond.
- Local Schools: Several educational options nearby, making it an excellent location for families.

Investment Opportunity
This property offers significant potential for investors and developers. With rising rental yields and high housing demand in the area, the opportunity for returns is substantial.

Don’t miss out on this rare opportunity! To learn more about this property, contact agent Luke Langford at 0493 672 956 or luke@ascentpropertyco.com.au

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.