Mandurah is one of the drivers of Australia's investor boom and is the top regional property hot spot to watch.
With that in mind, investors will be excited to learn of a rare opportunity to secure an iconic developmental site located in the main street of Mandurah at 33 Sholl Street.
A thriving coastal city located approximately 50 minutes south of Perth, Mandurah, fondly known as "Little Venice", offers a sublime laidback beachy lifestyle with all the amenities including outstanding employment, educational and sports opportunities, shops, restaurants, bars, waterside walks and cycleways and a train to Perth.
Mandurah's forecast population is anticipated to grow by around 44% until 2046.
With the potential to develop up to eight storeys or 32 metres, and offering almost a quarter of an acre of prime land, 33 Sholl Street poses an ideal mixed-use development project with main street frontage.
With its adjacent neighbours of 29-31 Sholl Street – a bustling medical, hospitality and education hub – the opportunities to cater to this active area are aplenty!
On a lot size of 1,012 square metres, 33 Sholl is perfectly positioned to maximise investment returns and make the most of blue-sky ventures.
Zoned 'Strategic Centre' (under the City of Mandurah Local Planning Scheme No. 12) 33 Sholl's future development allows both residential and non-residential use, such as an office, shop or medical centre on the ground floor and living above.
33 Sholl Street – an iconic development opportunity – is being sold by Jane Carew-Reid, a real estate professional at H & N Perry, a pioneer Mandurah agency with more than 70 years of success in this region.
For further information, please contact Jane Carew-Reid on 0418 956 753.
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 7,800 properties. Over the last 5 years, Houses in Mandurah have seen a 145.38% increase in median value, while Units have seen a 143.00% increase. As at 30 June 2026:
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