7 Preston Street, Mandurah.

PRICE REDUCED TO 279,000 - $289,000 Develop - Demolish - or Invest Huge Development Potential here with an R60 Zoned Inner-City Precinct Plan - 894 Sqm Block. Subject to WAPC & Mandurah City Approval development scenarios could be 4 to 8 units, depending on design/concept plans with a possibility to build 8 x 2-bedroom, 2-bathroom units or 4 x Free Standing 3 bedroom, 2-bathroom Villas. (Nb: Requirements of the Inner Mandurah Precinct Plan will determine the design). Located in a quiet, side street in the heart of Mandurah's CBD, this property offers outstanding options for either a developer or switched-on buyer looking for a package deal of home and investment for the future. This 1960's Character home, boasts 3 Bedrooms, 1 Bathroom and it's extremely cute but does need some TLC. It would be the perfect rental or a holiday shack (tenant in place for 6 months). Such a large block - so plenty of room to build a huge workshop, park your boat or caravan and enjoy the numerous water activities in and around the Mandurah & Peel Region. If you have just sold the family home and ready to "hit the road" in that snazzy new van and looking for a base for your travels, well this would be perfect! It ticks lot of boxes with just minutes to all Mandurah has to offer, beaches, rivers, superb shopping precincts, schools, stunning golf courses and the superb Performing Arts/Entertainment centre. With quick and easy access to the southern regions of Margaret River and only a short 50 min drive to Perth City - this is an ideal investment property. Do you really need any more reasons to buy this little gem? • 894 Sqm Block - quiet side street location - 22 Metre Frontage • Potential sub-division (Sub to Planning Approvals & Inner-City Precinct Plans) • Sewer, Gas avail in street, • Tenant that would love to stay • Huge Block to park all the toys • Room to build a huge Workshop • Close to everything and an incredible investment A great property with genuine options, so why not call the City of Mandurah 9550 3777 make your enquiries, take a drive by to appreciate the location and then call me Veronica Cole on 0417 972 903. NB: All buyers need to conduct their own due diligence on developments and future planning requirements with local authorities.