Price Guide: Offers from $1,950,000 plus GST (if not sold as a going concern)Building Area: 800 sqm (approximately)Land Area: 1,500 sqm The property is currently leased to a gym/fitness centre until 30 June 2025 providing a short term holding income with the additional benefit of purchasing as a going concern for GST purposes. The Lessee has indicated a willingness to enter into a new 5 year lease at market levels should a prospective Buyer be interested.Discover an exceptional opportunity to acquire a versatile showroom/warehouse property located in the heart of Mandurah. Key Features:- Strategic Location: Positioned in the heart of one of Mandurah's thriving commercial areas, this property benefits from excellent visibility and easy access to major road networks, ensuring seamless logistics and convenience for your operations. - Flexible Space: The property includes multiple areas that can be adapted to suit your needs, whether for warehousing, showroom, or office space. With the current use being a gym, the property boasts a comprehensive range of bathroom and shower facilities. A completely new roof was installed in late 2024 for peace of mind. - Potential for Growth: With the increasing demand for commercial spaces in Mandurah, this property presents a superb investment opportunity.Whether you are looking to establish a new business or expand your current operations, 56 Reserve Drive is the perfect canvas for your vision. Don't miss out on this rare opportunity to secure a prime commercial property in a thriving location.The property is zoned Service Commercial under the City of Mandurah's Local Planning Scheme No.12 allowing for a range of approved uses including showroom, warehousing, car/boat sales and veterinary centre to mention a few.2024 - 2025 Statutory Outgoings:Council Rates: $7,327.85 per annumWater Rates: $8,660.00 per annum (estimated)Land Tax: $1,075.00 per annum For further details or to arrange an inspection, please contact either:Graeme Hopkins - 0419 928 888; orClive Norman - 0403 804 119RH Property - (08) 9364 5199
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 7,794 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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