1 Lefroy Street

Mandurah WA 6210

Strategically situated on 2,024 sqm of land in the heart of Mandurah, This is a rare opportunity to purchase a whole block of 5 strata titled properties. The block features 5 individual dwellings made up of 3 x 3 bedroom and 2 x 2 bedroom single storey homes all with ample parking.

The dwellings consist of three apartments all in 2006 built 3x2x2's, one 1950's 2x2x2 built and one 2x1x1 built 1968. All have been designed to be wheelchair friendly. The location is superb being located 5 minutes from the Mandurah Foreshore and Mandurah Forum. With the expected growth in population to increase by 23.38% over the next 14 years you will always be spoilt for choice for tenants or eventual buyers, should you ever sell off these individually. The further potential of this excellent opportunity is that the current City of Mandurah Council zoning permits high density and up to 10 individual dwellings can possibly be constructed on the block (please make your own enquiries).

This is a fantastic opportunity to park your money in the safety of bricks and mortar. Entire blocks of dwellings such as this are always highly prized assets and keenly sought after. With a variety of options from holding and renting, redeveloping, refurbishing or just owning an entire complex with five separate titles and great on-going cashflow.