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Overview
2 & 22 Quendamia Lane, Mandurah WA 6210
This property offers a unique development opportunity located within 200 meters of the Mandurah Train Station. Zoned R60, the site provides a variety of development possibilities including NDIS projects, build to rent, build to sell, or affordable housing projects.
Key highlights of the property include favorable R60 zoning and substantial land areas comprising two lots: 2 Quendamia Lane with 698 square meters and 22 Quendamia Lane with 829 square meters. The location is within the Mandurah Junction Precinct, offering excellent accessibility and proximity to key amenities.
The site is just 250 meters from the Mandurah Train Station, making it highly accessible by public transport. It is also within walking distance to Mandurah Forum, a major shopping and commercial center, and only 900 meters from Greenfields Shopping Centre. Additionally, the property is approximately 1.5 kilometers from Murdoch University and the South Metropolitan TAFE campus, enhancing its appeal for educational and student-related developments.
Mandurah has experienced significant growth over the past 12 months, with a 29.5% increase in the median house price reaching $505,000. Median weekly rents have also grown by 15.6%, currently averaging $520 per week, reflecting strong demand in the rental market.
Previous development approvals have been granted for the site, including for Lot 22: two four-bedroom, four-bathroom villas compliant with SDA standards. For Lot 2, approvals included one four-bedroom, four-and-a-half-bathroom townhouse with separate occupancy and guest/studio areas, as well as one three-bedroom, three-and-a-half-bathroom townhouse with similar separate occupancy and guest/studio designs. It should be noted that apartment concepts were previously approved but have now expired.
This opportunity is ideal for developers and investors looking to capitalize on Mandurah's growth and the site's strategic location and zoning. The property offers flexibility for a range of residential and community-focused projects, supported by strong local market fundamentals and excellent transport and amenity access.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mandurah WA 6210
Market Insights for Mandurah WA 6210
Other properties in this postcode
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