Zoned R100 Huge 1216m- Mandurah under offer - For Sale #010769

Note first picture was before Renovation more pics to come 1 cox st Mandurah consists of two 3 by 1's on a 1216m2 block , One is rented currently to a fantastic tenant who  treat the property like there own. 

The other side of the property has been undergoing a renovation to remove the ugly and make it livable again , by the owner , so is currently still got some bits and bobs kicking around from that reno.

ZONED R100.  This allows for a 5 story mixed residential /commercial property to be developed at your leisure.

This is a great property located in a great spot to capitalize on future devolopments in Mandurah

Why buy this property over another similar property?

That is simple $$$ With two units there will be two income streams , so rather than get $280 PW for one, your return is $500 P/W. This makes buying and holding this property the easiest thing to do , New photos uploaded sorry it looks dirty been busy packing up my worldly posessions photos are of unit 1 .

Listed by Colin Lyon

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