68 Davey Street

Mandurah WA 6210

An incredible opportunity awaits! Located in the heart of the vibrant Mandurah inner city. This potential 4-unit site is poised to become a lucrative investment, offering a multitude of possibilities for savvy buyers.Nestled on a substantial 809sqm block, the property currently features a charming 3-bedroom, 1-bathroom home with an additional external toilet. Inside, you'll find a well-appointed kitchen, a spacious dining area, and an inviting lounge, providing a comfortable living space for residents. The dwelling boasts front and rear verandahs that add character and provide the perfect spots to enjoy the outdoors.The property also includes a massive concrete rainwater tank, ensuring a sustainable water supply, and a generously-sized 9m x 4.5m powered workshop. This workshop presents an excellent space for various projects, hobbies, or additional storage, adding versatility and practicality to the site.For investors seeking immediate returns, this property presents an ideal rental investment opportunity. The existing dwelling can be rented out while you explore the exciting future potential of this vast block, which is strategically positioned near the Mandurah Inner City Precinct Plan Development.The Mandurah Inner City Precinct Plan is set to transform the area into a bustling hub of activity, attracting residents and visitors alike with its diverse range of commercial, recreational, and cultural offerings. This development is bound to enhance the value and desirability of properties within its vicinity, making this 4-unit site an even more promising prospect.Don't miss out on this remarkable chance to invest in a property that promises both immediate rental income and future appreciation. Act swiftly and call Lewis Quayle today on 0426 264 616 to schedule a private inspection.