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Overview
This expansive 1,782 square meter parcel located at 34 Peel Street in Mandurah offers a rare and substantial development opportunity within one of the city's strategic centre zones. The property's dual frontage to Peel Street and Chepstow Drive, combined with split zoning—Residential R60 to the quiet cul-de-sac and Mixed Use R100 to the main street—provides remarkable flexibility for medium to high-density development projects. The already approved development application for 16 units means much of the planning groundwork is complete, enabling investors and developers to accelerate their projects with confidence.
The mostly flat and unconstrained land means development can commence swiftly without the need for demolition, presenting a clear canvas for future construction. The Residential R60 zoning caters to grouped or multiple dwellings, while the Mixed Use R100 zoning encourages a combination of residential and commercial usage, allowing for innovative design solutions that can maximize the site's potential.
Located in the Inner Mandurah Precinct Plan, Peel Street is recognized as a significant north-south connector with high exposure, reinforcing the area's ongoing urban renewal and growth. Beyond development prospects, the property offers exceptional lifestyle convenience. The Eastern Foreshore, just over a kilometre away, invites residents to enjoy waterfront dining, boutique shopping, and community events such as Crabfest and regular markets. Pristine beaches, the Mandurah Marina, entertainment venues, and major shopping centres are all within easy reach, while nearby upgraded pedestrian, cycling infrastructure and public transport—including bus stops and the Mandurah Train Station—support accessible commuting options.
This offering is suited for developers and investors targeting a prominent location with exceptional zoning flexibility. It also appeals to strategic land buyers seeking long-term capital growth within Mandurah's sought-after urban precinct.
Local Market Insights
In Mandurah, Quiet Listings observed 13 new parcels of land entering the market over the last 30 days, down from 14 during the previous 30-day period, with an average advertised asking price of $560,462. The property type mix of listed properties is predominantly Houses at 78%, followed by land (7%), and units (6%). The most active agency for land in the Mandurah area is currently Century21, representing 23% of new listings, followed by The Agency with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Change History
| Headline | When |
|---|---|
| Offers From $1,495,000 | |
| Offers Over $1,495,000 |
Location
Market Insights for Mandurah WA 6210
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