4/ABC Preston Street, Mandurah, WA 6210

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 2024. 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.