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3 Aldgate Street, Mandurah WA 6210

Offers From $750,000

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$750k - $788k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 1024 m²

Listed: 10 days ago

Updated: 5 days ago

Overview

This well-presented home sits on a sizable 1,024sqm block zoned R60 within Mandurah’s Strategic Centre Precinct, making it an attractive proposition for those looking for both immediate residential comfort and significant redevelopment potential. The zoning permits potential development of up to six units or 10 apartments, subject to council approval, which positions this property as a prime investment or development opportunity.

The existing residence has been thoughtfully upgraded, featuring two generously sized bedrooms with solid timber floors that offer warmth and character. The modern bathroom with a shower is conveniently located near the bedrooms, supporting efficient daily living.

The heart of the home is the seamless open-plan kitchen and dining area that transitions naturally into a spacious lounge. This living space impresses with high ceilings accentuated by ornate cornicing, enhancing the room’s sense of space and elegance. Solid timber floors throughout and a feature fireplace create a welcoming ambiance, while French doors open onto a private, decked outdoor entertaining area perfect for relaxing or hosting gatherings in a sheltered, attractive setting.

Externally, the property provides a welcoming front verandah, gated side access, and well-maintained, cleared lawns and gardens that expand the usable outdoor space. This combination provides a pleasant environment for families, entertainers, or those desiring ample space both inside and out.

In summary, this property caters to a spectrum of buyers: those seeking a comfortable home with generous gardens in a strategic location, as well as developers or investors interested in capitalizing on the significant redevelopment opportunities afforded by the R60 zoning and substantial block size. The location within Mandurah is highly sought-after, adding to the property's appeal and future value potential.

Local Market Insights

In Mandurah, Quiet Listings observed 156 new houses entering the market over the last 30 days, up from 134 during the previous 30-day period, with an average advertised asking price of $993,333. The property type mix of listed properties is predominantly Houses at 73%, followed by land (9%), and units (6%). The most active agency for houses in the Mandurah area is currently Harcourts, representing 29% of new listings, followed by Belle Property with 11%. 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.