Listed on realestate.com.au & domain until sold
12 Photos
Sold
12 Photos
+8
Sold
$370,000
3
1
1
–
house
Sold
$370,000
3
1
1
–
house
“1012sqm R100 Zoning - 10 Unit Site In Medical/Healthcare Precinct”
Property ID: 23147
Boundless opportunities are presented along with this 1012sqm (approx) R100 zoned commercial site that is located in the healthcare/medical precinct of beautiful Mandurah.
There is an existing, very neat 3 bedroom home on the block that is ready to live in now and enjoy this prime, coastal location and all it has to offer. Whether as your primary home, a holiday home or an investment property, you can rest assured that the location and with the development zoning in place, the property will bring you excellent rewards now and into the future!
Surrounded by an abundance of medical specialists and healthcare facilities all around, this parcel has been recently re-zoned as R100 with the potential for a 10 unit commercial development becoming a real possibility - and an opportunity for the savvy investor or developer to acquire an excellent return on investment or a boost to their portfolio.
Commercial real estate offers landlords the advantage of greater rental yields and long leaseholds, without the majority of renovation, repair and damage costs and responsibilities that are otherwise associated with residential leases.
The possibilities are endless and limited only to your imagination.
Plan and Develop the site and sell freehold’s individually
Plan and develop the site and earn an income from lease
Do the “hard work” for someone else - Draw up plans, get council approvals and re-sell as an approved, “Ready-to-go” commercial development site
Develop the site for your own business, exclusively
Growing businesses - develop on part of the block, with provisions in place to extend further with future business growth; OR
Develop a multi commercial site, take the best office building for your own business - and lease the others only to the businesses that will complement yours - and NOT the competition!
Interested parties are encouraged to do their own due diligence with council authorities about the permissions available with this site - but are also encouraged to act quickly as the vendors have already received multiple enquiries.
Make no mistake, the vendors are motivated and this parcel of real estate will be sold!
There is an existing, very neat 3 bedroom home on the block that is ready to live in now and enjoy this prime, coastal location and all it has to offer. Whether as your primary home, a holiday home or an investment property, you can rest assured that the location and with the development zoning in place, the property will bring you excellent rewards now and into the future!
Surrounded by an abundance of medical specialists and healthcare facilities all around, this parcel has been recently re-zoned as R100 with the potential for a 10 unit commercial development becoming a real possibility - and an opportunity for the savvy investor or developer to acquire an excellent return on investment or a boost to their portfolio.
Commercial real estate offers landlords the advantage of greater rental yields and long leaseholds, without the majority of renovation, repair and damage costs and responsibilities that are otherwise associated with residential leases.
The possibilities are endless and limited only to your imagination.
Plan and Develop the site and sell freehold’s individually
Plan and develop the site and earn an income from lease
Do the “hard work” for someone else - Draw up plans, get council approvals and re-sell as an approved, “Ready-to-go” commercial development site
Develop the site for your own business, exclusively
Growing businesses - develop on part of the block, with provisions in place to extend further with future business growth; OR
Develop a multi commercial site, take the best office building for your own business - and lease the others only to the businesses that will complement yours - and NOT the competition!
Interested parties are encouraged to do their own due diligence with council authorities about the permissions available with this site - but are also encouraged to act quickly as the vendors have already received multiple enquiries.
Make no mistake, the vendors are motivated and this parcel of real estate will be sold!
Features
Outdoor features
Fully fenced
Balcony
Shed
Secure parking
Garage
Indoor features
Air conditioning
Broadband
Open fire place
Living area
Balcony
Pets considered
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