Skip to content

4/ABC Preston Street

Mandurah WA 6210

  • 9 Bed
  • 3 Bath
  • 4 Parks
Contact Agent

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.

Features

General Features

  • Property Type: Block of Units
  • Bedrooms: 9
  • Bathrooms: 3
  • Building Size: 150sqm
  • Land Size: 1,651sqm

Indoor Features

  • Toilets: 3

Outdoor Features

  • Open Car Spaces: 4
  • Fully Fenced

Other Features

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

Can I afford 4/ABC Preston Street?

With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.

Get a Quote

Property guides and resources

Home for Christmas: How to Get Your House Party Perfect

Christmas and New Years is on our doorstep and it’s time to…
Read more

The Smarter Way to Find Profitable Real Estate Opportunities

Real estate can be one of the most rewarding investments for Australian…
Read more

Elders Real Estate solidifies strong growth trajectory in FY24

Elders Real Estate has had another bumper year, building on significant expansion…
Read more