The Phone Code for this property is: 13191. Please quote this number when phoning or texting.

Nestled in a prime central location, this recently renovated full tenanted office on a substantial 943sqm block presents a compelling opportunity for savvy investors and developers alike. Boasting a solid rental return of approximately $53,000 per annum, this property offers a blend of immediate income and vast future potential, making it a lucrative choice for those seeking a smart investment.

Conveniently situated close to the train station, this property enjoys excellent connectivity, enhancing its appeal for prospective tenants or future occupants. The strategic location is further bolstered by its zoning under the Inner Mandurah Precinct Plan as R100 "Mixed Use," paving the way for up to a 5-storey mixed-use development. This zoning not only underscores the property's development prospects but also signifies its desirability in the eyes of discerning buyers looking to capitalise on the area's growth potential.

With a substantial land size and a location primed for growth, this property represents a rare opportunity to secure a foothold in a burgeoning market.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.