Built in 1930, this front strata home is in a prime location, but to be honest, it has seen better days.
Important Note: This property is also being sold on an “As Is” where is “Condition”.
The dwelling and fences contain asbestos, and there are significant structural issues requiring immediate attention to restore the home to a habitable condition. The ceiling in the main living area is cracked and collapsing, and will need major repairs. However, for the astute buyer not afraid of hard work, there's potential to transform this ugly duckling into a swan.
The roof appears to have been cladded over an old, rusted corrugated iron roof, while the walls are cladded in faux brick over what is believed to be asbestos sheeting. The property is zoned R60 Mixed Use Development, though being a strata may complicate redevelopment. Buyers are advised to conduct their own due diligence with the council before proceeding.
Alternatively, you may choose to demolish and rebuild a new single dwelling. Under the Mandurah Strategic Centre – Precinct Structure Plan, this should be at least a two-storey development.
Other features to note:
• Built in 1930
• Land area of 487 sqm
• Still on Bottled Gas – not connected to mains
• Build size 126 sqm
• Council Rates - $1,900 p.a. approx.
• Water Rates - $1,112 p.a. approx.
• Strata Levies – NIL
• SOLD on an “AS-IS” Basis – No Building, Pest or Good Working Order is Guaranteed
This property isn't for the faint hearted, but with its highly desirable location near Mandurah's CBD, restaurants, and foreshore, the opportunity is there for those with vision.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, Mandurah Estate Agency makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes
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