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3 Stinton Street, Mandurah WA 6210

From $795,000

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$795k - $835k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 1024 m² 105 m²

Listed: 5 days ago

Overview

This substantial 3-bedroom, 1-bathroom house sits on an expansive 1,024 square meter block in a quiet street at the heart of Mandurah, Western Australia. Its generous land size compliments the existing residence and comes with significant development potential, thanks to the conditional WAPC approval for a three-lot subdivision and local council approval to build two additional 4-bedroom, 2-bathroom homes on the rear of the property. This unique combination of a sizable landholding with development approvals in place creates an attractive opportunity for developers, investors, or homebuyers seeking future growth prospects.

The current home offers comfortable and practical living spaces featuring a separate lounge and a combined open-plan kitchen and meals area cooled by evaporative air conditioning, ideal for adapting to the local climate. Gas hot water enhances the home's appliance efficiency. Its configuration provides potential rental income opportunities while plans for development progress or offers a ready-to-enjoy lifestyle in a central, accessible location.

Beyond the property itself, the location benefits from proximity to the Mandurah foreshore, an array of waterfront dining options, popular shopping precincts, reputable schools, and public transport links, all contributing to an enhanced community lifestyle. The quiet and established street setting reinforces a secure and peaceful living environment, appealing to families, developers, and land bankers alike.

Generous 1,024sqm land with R60 zoning maximizes redevelopment possibilities.
Development and subdivision approvals are secured, allowing for a time-efficient project implementation.
The existing three-bedroom home stands ready for occupation, investment, or retention within a subdivision.
Convenient central Mandurah location offers both lifestyle and strategic growth advantages.

This package provides a valuable platform to capitalize on Mandurah's vibrant market, whether the buyer seeks to develop, invest, or enjoy a spacious home with future flexibility.

Local Market Insights

In Mandurah, Quiet Listings observed 180 new houses entering the market over the last 30 days, up from 132 during the previous 30-day period, with an average advertised asking price of $939,037. The property type mix of listed properties is predominantly Houses at 79%, followed by units (7%), and land (4%). The most active agency for houses in the Mandurah area is currently Harcourts, representing 32% of new listings. 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.