Step back in time with this charming 1959 brick and tile home, packed with old-world charm and classic character. Perfect for investors and developers looking for a prime development site with immediate rental potential and future upside.<br/><br/>Property Highlights<br/><br/>Year Built: 1959<br/>Style: Brick and tile home with timeless character features<br/>Land size: 1,086 square meters (1,086m²)<br/>Frontage: Expansive 30-meter frontage, offering excellent development flexibility<br/>Zoning/Development: R60 (subject to council approval) - ideal for townhouses, villas, or apartments<br/>Location: Central Mandurah, walking distance to major shopping centres and the Mandurah foreshore<br/>Amenities nearby: Cafes, restaurants, and the vibrant foreshore precinct<br/><br/>Investment & Development Opportunity<br/><br/>Rentable now: Present the option to secure ongoing rental income while you plan the development.<br/>Future potential: Large frontage and 1,086m² site create multiple development pathways (townhouses, villas, or low-rise apartments).<br/>Strategic location: Heart of Mandurah with excellent walkability to retail hubs, public transport, and the vibrant foreshore.<br/><br/>Why This Is a Great Opportunity<br/><br/>Early-entry development site on a sizable R60 lot in a sought-after coastal city.<br/>The existing home provides immediate rental income, reducing holding costs during planning.<br/>30-meter frontage offers significant design versatility for future projects.<br/>Walking distance to Mandurah's top amenities, making it highly attractive to tenants and future buyers.<br/><br/>Development Considerations<br/><br/>Zoning approvals and council requirements for R60 development<br/>Site dimensions and set-backs for the chosen development type<br/>Feasibility and market demand in Mandurah's growing property market<br/><br/>For more information about this amazing development opportunity, please contact Simon Goodwin.<br/><br/>Price and terms on enquiry. All development plans are subject to council approvals and due diligence.