69 Pinjarra Road, Mandurah, WA 6210

FULLY LEASED DUAL-LOT INVESTMENT OPPORTUNITY ON PINJARRA ROAD

This high-traffic corner site boasts 1,770m² of land area across two lots, with 25 meters of Pinjarra Road frontage and dual street access. Perfectly positioned for future redevelopment, this property offers secure holding income with medium to long-term redevelopment potential. 

The property features two well-maintained office buildings on two separate titles with a combined lettable area exceeding 650m², both buildings are leased to national tenants on new 3-year terms.

With a holding income of $119,520 +GST per annum and tenant-paid outgoings, this asset provides reliable holding returns while planning for future redevelopment.

Zoned Strategic Centre under the City of Mandurah Local Planning Scheme, the property (STCA) is able to support a range of uses including specialty shopping, bulky goods/showroom, restaurants, cafes, entertainment, residential and a range of commercial businesses.

69 PINJARRA ROAD, MANDURAH

- 885 sqm of land area
- Zoned Strategic Centre 
- Approx 330 sqm of Office 
- 10 Car Bays
- 3 Year Lease + 2 X 3 Year Options
- $59,520 + GST Net Income (approx.)

4 STEVENSON STREET, MANDURAH

- 885 sqm of land area
- Zoned Strategic Centre 
- Approx 325 sqm of Office 
- 10 Car Bays
- 3 Year Lease + 3 Year Option
- $60,000 + GST Net Income (approx.)

FOR SALE
 
For Sale Offers invited, please contact exclusive selling agent Frank Gotsis on mobille 0410 677 410 or via email frank@propdev.com.au for further details.