290 Pinjarra RoadMandurah WA 6210
Property Details for 290 Pinjarra Rd, Mandurah
Last Listing description (March 2023)
Situated on Mandurah's premium busy Pinjarra Road and only approx. 350 metres from the prime and huge Mandurah Forum Shopping Centre.A 2 storey approx. 680m2 office building sited on 1052m2 freehold land and offers excellent income as it is now fully leasedSome features include:- Fully leased - over $134,600 net rent ie over 7.5% yield- 3 x good quality leases (medical imaging HQ, a NDIS provider and Mandurah Mail Newspapers),- Excellent depreciation available- Lift access to the second floor- 19 On-site carbays- Bus stop to shops and train station out the frontFor more details and an Information Memorandum please contact Peter Vetten your Commercial Property Specialist with Local Knowledge & National Strength. Mobile: 0403 58 4466 or Email: pvetten@rhmandurah.com.au DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
Property History for 290 Pinjarra Rd, Mandurah, WA 6210
- 24 Jan 2023Sold for $850,000
- 09 Nov 2022Listed for Sale $1.785m (GST as a Going Concern)
- 08 Nov 2018Listed for Rent - Price not available
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0About Mandurah 6210
The size of Mandurah is approximately 7.5 square kilometres. There are 33 parks, covering nearly 11.2% of the 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 7,798 properties. Over the last 5 years, Houses in Mandurah have seen a 144.50% increase in median value, while Units have seen a 135.39% increase. As at 31 July 2026:
- The median value for Houses in Mandurah is $728,077 while the median value for Units is $687,915.
- Houses have a median rent of $560 while Units have a median rent of $550.
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