Prime Retail Opportunity in the Heart of MandurahPositioned within the highly sought after Mandurah Tourism Precinct, 2/2B Peel Street presents an outstanding opportunity to secure a quality retail property in one of the region's most vibrant commercial locations. Surrounded by popular eateries, retail outlets, and key tourist attractions, this property benefits from strong pedestrian activity and excellent exposure year round.Offering rarely found 260 sqm of well configured retail space. This versatility makes the opportunity equally appealing to owner occupiers, investors, and expanding businesses.The premises at 2/2B Peel Street has been thoughtfully designed with food and hospitality use in mind, making it ideal for cafes, restaurants, or specialty food retailers seeking a prominent and functional space. Built in 1996, the property offers solid construction, adaptable internal layout, and the ability to tailor the space to suit a wide range of retail or food based operations.With Mandurah continuing to grow as a lifestyle and tourism destination, this property represents a rare chance to secure a foothold in a tightly held precinct with long term upside.Key Features- Prime retail location within the Mandurah Tourism Precinct- Option to purchase both 1/2B & 2/2B Peel Street (approx. 558 sqm combined)- Alternatively, purchase 2/2B Peel Street individually (approx. 260 sqm)- High foot traffic and strong street presence- Excellent visibility to locals and visitors- Well suited to cafes, restaurants, and food related businesses- Solid construction completed in 1996- Flexible internal layout with scope to customise- Ideal for owner occupiers or investors seeking a premium locationFor further information or to arrange a private inspection, please contact Rowade Hilwa on 0450 019 692.DisclaimerAll information contained herein is provided in good faith and is believed to be correct; however, it is not guaranteed. Interested parties are encouraged to make their own independent enquiries and satisfy themselves as to the accuracy of the information, including but not limited to land and building areas, zoning, approvals, and intended use. Photographs, plans, measurements, and descriptions are for illustrative purposes only and may not represent the property in its current condition.
The size of Mandurah is approximately 7.5 square kilometres. It has 33 parks covering nearly 11.2% of total area. The population of Mandurah in 2016 was 7837 people. By 2021 the population was 8804 showing a population growth of 12.3% in the area during that time. The predominant age group in Mandurah is 60-69 years. Households in Mandurah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mandurah work in a trades occupation.In 2021, 43.40% of the homes in Mandurah were owner-occupied compared with 43.00% in 2016.
Mandurah has 7,769 properties. Over the last 5 years, Houses in Mandurah have seen a 139.64% increase in median value, while Units have seen a 133.91% increase. As at 31 January 2026:
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