As a savvy buyer, you know it when you see it—a fantastic development block with an existing home in a superb location. This 1052 sqm, level R60-zoned block in the Strategic Centre Zone of the City's Inner Mandurah Precinct Plan (IMPP) offers a prime investment opportunity with immense potential for a 5-7 lot subdivision or 12-unit apartment development (subject to council approval). Motivated investors are snapping up prime sites in this area fast and building quality developments with a view to capitalising on the current population boom and housing shortage. This property is also ideal for first homeowners looking to enter the market or for investors who might choose to rent out the existing house while planning future developments.
It's no surprise to those in the know that Mandurah took out the Top Tourism Town in Australia for 2023 - its relaxed beach lifestyle and abundant recreational opportunities make this coastal city incredibly attractive for families and investors. The multi-million dollar Waterfront Project with its revitalised boardwalk, playgrounds and swimming enclosure is just one part of the massive redevelopment currently underway as part of Mandurah's City Centre Master Plan. The population of Mandurah has tripled in the last three decades, and continues to boom as the number one lifestyle destination in WA.
23 Aldgate Street is incredibly central and convenient to a whole host of amenities, from the redeveloped Mandurah Forum shopping centre at the end of the street, to the adjacent Rushton Park sports precinct and train station, connecting you to the Perth CBD in under an hour. The beautiful Mandurah foreshore with its lush parklands, cafes, bars and the Mandurah Performing Arts Centre is minutes away. The stunning estuary nearby offers a huge variety of boating, fishing and recreational activities, while the picturesque Dolphin Quay marina has fantastic dining and shopping. Gorgeous Silver Sands beach is a 5 minute drive.
Invest and prosper in the lifestyle capital of WA - call now to arrange a viewing.
Features:
-1052 sqm of land with wide 20 metre frontage
-Zoned R60 to potentially allow 5-7 lot subdivision or 12 unit apartment development with planning approvals
-Level block
-Bonus neat 2x1 rental home
-Sunny and recently repainted
-New kitchen with jarrah benchtop, fridge, microwave and new electric stove and oven
-Jarrah floors
-Modern roller blinds to windows
-Electric hot water system
-Washing machine
-New toilet cistern and seat
-Semi enclosed covered patio, pergola and shaded verandah
-Shady yard with several large trees
Nearby:
-300m Mandurah Forum (David Jones, H+M, Kmart, Target, Big W, Coles, Woolworths)
-350m Rushton Park sports precinct (AFL, netball, tennis)
-1.6km Mandurah Foreshore (boardwalks, vibrant cafes, playgrounds, parkland, swimming enclosure)
Closest Schools:
Public school catchment:
-1.4 km Mandurah Primary School (19 min walk/4 min ride)
-John Tonkin College: 2.4km to Tindale Campus (Years 7-9) - (33 min walk/8 min ride), 3.3km to MET Campus (Years 10-12) - (12 min ride/6 min drive)
Private:
-2.4 km Mandurah Catholic College (Kindergarten to Year 12) - (31 min walk, 9 min ride, 5 min drive)
Closest Transport:
-290m Bus Stop ID: 17370 - Dower St Before Aldgate Street
-450m Bus Stop ID: 26485 - Pinjarra Rd Before France St
-1.6km Mandurah Train Station (54 mins to Perth CBD)
Council Rates: Approx $1,687 per annum
Water Rates: Approx $953 per annum
Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
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