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Propdev Realty Group

69 Pinjarra Road Mandurah, WA 6210

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69 Pinjarra Road,
Mandurah, WA 6210

Offices • Development Sites & Land
Added 1 day ago

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Key property information

Land area

Floor area

Car spaces

Parking info

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$119,520
Number of Tenants
2 Tenants
Tenants / Type
Education and Housing

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Propdev Realty Group
Frank Gotsis

Propdev Realty Group

PO BOX 1073, CANNING BRIDGE
APPLECROSS, WA 6153
04106774...
Propdev Realty Group
69 Pinjarra Road
Mandurah, WA 6210

Map of 69 Pinjarra Road

Directions
  • Train stations within 5 km of 69 Pinjarra Road, Mandurah, WA 6210Distance
    Mandurah Station2.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 69 Pinjarra Road, Mandurah, WA 6210Distance
    Pinjarra Rd Before George St66 m
    Pinjarra Rd Before Sutton St121 m
    Pinjarra Rd Before Forrest St215 m
    Leslie St After Pinjarra Rd279 m
    Sutton St After Tuckey St318 m
    POWERED BY HERE ©
POWERED BY HERE ©

PRIME PINJARRA ROAD CORNER DEVELOPMENT SITE WITH SECURE HOLDING INCOME - EXCEPTIONAL INVESTMENT OPPORTUNITY

  • 1,770 SQM OF LAND - DUAL STREET FRONTAGE
  • OVER 650 SQM OF LETTABLE AREA
  • $119,520 HOLDING INCOME – FULLY LEASED
FULLY LEASED DUAL-LOT INVESTMENT OPPORTUNITY ON PINJARRA ROAD

This high-traffic corner site boasts 1,770m² of land area across two lots, with 25 meters of Pinjarra Road frontage and dual street access. Perfectly positioned for future redevelopment, this property offers secure holding income with medium to long-term redevelopment potential.

The property features two well-maintained office buildings on two separate titles with a combined lettable area exceeding 650m², both buildings are leased to national tenants on new 3-year terms.

With a holding income of $119,520 +GST per annum and tenant-paid outgoings, this asset provides reliable holding returns while planning for future redevelopment.

Zoned Strategic Centre under the City of Mandurah Local Planning Scheme, the property (STCA) is able to support a range of uses including specialty shopping, bulky goods/showroom, restaurants, cafes, entertainment, residential and a range of commercial businesses.

69 PINJARRA ROAD, MANDURAH

- 885 sqm of land area
- Zoned Strategic Centre
- Approx 330 sqm of Office
- 10 Car Bays
- 3 Year Lease + 2 X 3 Year Options
- $59,520 + GST Net Income (approx.)

4 STEVENSON STREET, MANDURAH

- 885 sqm of land area
- Zoned Strategic Centre
- Approx 325 sqm of Office
- 10 Car Bays
- 3 Year Lease + 3 Year Option
- $60,000 + GST Net Income (approx.)

FOR SALE

For Sale Offers invited, please contact exclusive selling agent Frank Gotsis on mobille 0410 677 4... or via email frank@propdev.com.au for further details.


Property ID: 504736584Last Updated: 14 Nov 2024

Propdev Realty Group
PO BOX 1073, CANNING BRIDGE
APPLECROSS, WA 6153

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