$870,000

9 Bed  •  3 Bath  •  4 Car  •  1651m²

Main view of Homely block of units listing, 4/ABC Preston Street, Mandurah WA 6210
Second view of Homely block of units listing, 4/ABC Preston Street, Mandurah WA 6210
Third view of Homely block of units listing, 4/ABC Preston Street, Mandurah WA 6210
+32

Sold

4/ABC Preston Street, Mandurah WA 6210

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$870,000

  • 9
  • 3
  • 4
  • 1651m²

Block of Units Sold on Tue 17 Dec, 2024

What's around Preston Street

Block of Units description

“Rare Investment Opportunity: Prime 1651m² Mandurah Property with High ROI Potential - SOLD "AS IS"”

Investment opportunities like this are rare. Positioned on a spacious 1651m² block, this property features three separate three-bedroom, one-bathroom homes on a single title. Situated in the heart of Mandurah, it offers close proximity to fine dining, entertainment, retail outlets, public transport options, beautiful beaches, and the estuary. The convenience is unparalleled, with just a 2-minute drive to both the Mandurah Foreshore and Mandurah Forum, and only a 4-minute drive to Town Beach. This prime location ensures easy access to everything Mandurah has to offer, making it an exceptional investment opportunity.
With a significant number of properties being developed within the Mandurah LGA, opportunities to invest in a property of this size and zoned R60 are becoming rare. The potential for multiple dwellings will significantly enhance the return on investment and make this property a highly sought-after asset in the real estate market.
All properties are currently leased at $360 per week for a combined income of $1080, with leases extending until November 2025. The units share a water meter and have separate electricity meters.
Overlooking this property is certain to be a future regret. Viewings are by appointment only, so don't hesitate to contact Jacob King.

The information provided including photography is for general information purposes only and may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should place no reliance on this information and are required to complete their own independent enquiries, inclusive of due diligence. Should you not be able to attend in person, we offer a walk through inspection via online video walk-through or can assist an independent person/s to inspect on your behalf, prior to an offer being made on the property.

*All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.

Property features

broadband

Broadband

fullyFenced

Fully Fenced

Other features

Close to Schools, Close to Shops, Close to Transport, Exhaust, Toilet Facilities

Council rates

$5100 Yearly

Building details

Area: 150m²

Land details

Area: 1651m²
Fourth view of Homely block of units listing, 4/ABC Preston Street, Mandurah WA 6210View more
Fifth view of Homely block of units listing, 4/ABC Preston Street, Mandurah WA 6210View more

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4/ABC Preston Street, Mandurah WA 6210
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