Be quick as opportunities like this don’t come by often.
This is a 15,423m2 site with a 127 metre street frontage on the edge of suburbia.
It is suited to either a lifestyle lot with a house, shed and paddocks but also it has some development potential under the existing City of Mandurah Town Planning Scheme (TPS3). It is listed as zoned Urban Development under the Mandurah East Structure Plan and the draft Local Structure Plan for Lot 601 it indicates the site has R40 and R60 potential. A copy of this report is available on the City of Mandurah Intra maps web site or email me for a copy.
We urge buyers to carry out their own due diligence in this regard of it is of interest in respect to a purchase of this land.
It should also be noted the City of Mandurah are about to release a TPS12. We are not sure what effect if any this may have in regard to any future zoning, so we encourage a buyer to speak to the City of Mandurah planners directly.
The site has recently had its firebreaks done and tall grass slashed so a potential buyer can walk over the site with relative ease to get a feel for either the peaceful serenity that can be achieved in a nicely part wooded acreage or to get a feel for the slopes and angles etc if considering a future development.
This site is close to schools, shops, transport and all the necessary amenites, so although it is a bush block it also has the benefits of suburbia.
Be quick as opportunities like this are rare as it is priced as just a lifestyle lot, yet its future development potential is imminent so if you are looking for a lot with huge potential upside in the years to come, this could be the opportunity you are looking for. Priced to sell, so be quick and call the agent asap before it is gone.
DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
|R&H Suburb Summary||Houses|
|Number of sales||164|
|Median Rental Price||$300 p.w.|
|Change in Rental Rate (5yr)||-12 %|
|R&H Suburb Summary||Units|
|Number of sales||3|
|Median Rental Price||$265 p.w.|
|Change in Rental Rate (5yr)||-15 %|