Sold
Last Asking Price - $629,000
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40 Peel Street, Mandurah WA 6210

House
421
Block size: 964 m² approx.

Sold by HARCOURTS Mandurah - Jarrod Fleming

Investors, developers and renovators, your next lucrative venture awaits at 40 Peel Street, Mandurah.

Proudly presented by Jarrod Fleming from Harcourts Mandurah, this expansive property sits in the coveted R100 zone, offering a tantalizing mix of residential and commercial possibilities. With its generous size and strategic location, this is an opportunity you won't want to miss.

• Four Bedrooms, Two Bathrooms: Ideal for families or tenants seeking spacious accommodation
• Single Carport: Convenient parking solution for residents
• Large 964sqm Block: Endless potential for expansion or redevelopment
• Renovated Kitchen: Modern appliances and finishes enhance the appeal
• Fresh Interior Updates: New paint and carpets in central living areas for a contemporary feel
• 600mm Appliances, Double Dishwasher: Functional kitchen designed for convenience
• Theatre Room and Activity Room: Additional living spaces offer versatility
• Abundant Natural Light: Bright interiors create a welcoming atmosphere
• Three Split Systems: Ensuring year-round comfort throughout the home
• Covered Outdoor Entertaining Space: Perfect for hosting gatherings or enjoying alfresco dining
• Expansive Backyard: A blank canvas for landscaping or additional structures
• Granny Flat Potential: Explore the opportunity for a secondary income stream
• Extra High Ceilings: Enhancing the sense of space and openness
• On-Site Bore: Sustainable water source for gardening and outdoor activities
• Tin Roof: Low maintenance and durability for long-term value
• Established Gardens: Adding charm and character to the property's exterior

Development Opportunities: As part of the R100 zone, this property offers limitless development potential. Whether you envision mixed-use residential and commercial projects or wish to explore the feasibility of a granny flat, the possibilities are boundless. With ample space and flexibility, you have the freedom to bring your vision to life and capitalize on the booming Mandurah market.

Rental Yield and Income Potential: Having the Potential to generate $520 per week in rental income, this property boasts a high yield. Furthermore, the option to add a granny flat provides the opportunity for dual-income streams, maximizing returns for investors.

Council Enhancements: The ongoing development of the home's frontage by the local council further enhances its appeal and value. With continuous improvements in the surrounding area, now is the time to seize this promising investment opportunity.

Unlock the Potential: Whether you're an experienced developer seeking your next project or an investor looking to capitalize on Mandurah's growth, 40 Peel Street offers unrivalled potential.

Don't miss your chance to secure this prime piece of real estate and transform it into a lucrative asset.

Contact Jarrod Fleming from Harcourts Mandurah today at 0430 284 042 to schedule a viewing and discover the endless possibilities that await at 40 Peel Street, Mandurah.

This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Features include: Ensuite

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Jarrod Fleming to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
2
Garage Spaces:
1
Property type:
House
Block Size:
964 *

Other Details

Lot:
727
Legal description:
P402650/727
Harcourts Mandurah

Maps and area information

Block information
Block size: 964 (approx)
Legal description: P402650/727
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
14 May 2024
Sold
Harcourts Mandurah
Listed: 02/04/2024
Block size: 964m²
Transfer type: Full transfer
14 May 2024
Sold
Harcourts Mandurah
Listed: 02/04/2024
Block size: 964m²
Transfer type: Full transfer

Mandurah suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
51 years
Population
8,804
Listing ID: 182414607. This listing has been viewed 4 times. It was first displayed on 02/04/2024 and last updated on 14/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.