5 Rees Pl, Wannanup is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 993m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Nestled in the heart of Wannanup, this classic 1955 shack offers a rare opportunity for those with vision and ambition. Set on a sprawling 993sqm corner block offering sub division potential for two lots (conditionally approved), this property is brimming with potential - whether you're looking to renovate, develop, or start fresh with a new build. With its prime location, across the street from the beloved Friar Tucks pub and only moments from the pristine beaches, marina, and estuary, this address promises both lifestyle and investment potential.Property Features:-Spacious 993sqm corner lot-Sub divide to two lots to maximise value-Two generously sized bedrooms-One bathroom-Basic kitchen setup-Living area with a sleep-out-Connected to sewerage and scheme water- Sub division potential to two lotsHighlights:-Currently rented to a fantastic tenant until October 2025, earning $380 per week-Huge scope for renovations or redevelopment-Prime locationWith the right vision, this gem can be transformed into something truly special. Whether you're a savvy investor or looking for a family project, this property is your blank canvas.Act now and unlock the possibilities this rare Wannanup property has to offer! Contact Team Chris & Kelsey to arrange a private viewing#century21mandurah #century21realestate #realestate #realestatemandurahDISCLAIMER: This description has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate; however buyers must make their own independent inquiries and must rely on their own personal judgement about the information included in this advertisement. Century 21 Coast Realty provides this information without any express or implied warranty as to its accuracy or currency.
The size of Wannanup is approximately 4.8 square kilometres. There are 10 parks, covering nearly 10.8% of the total area. The population of Wannanup in 2016 was 3621 people. By 2021 the population was 4142 showing a population growth of 14.4% in the area during that time. The predominant age group in Wannanup is 60-69 years. Households in Wannanup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wannanup work in a trades occupation.In 2021, 75.50% of the homes in Wannanup were owner-occupied compared with 74.00% in 2016.
Wannanup has 2,751 properties. Over the last 5 years, Houses in Wannanup have seen a 101.13% increase in median value, while Units have seen a 107.74% increase. As at 30 June 2026:
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