Unlock the potential of 2 Lefroy Street, Mandurah! Positioned on a generous 1,156m? corner block with R60 zoning, this property offers an exciting opportunity for multi-dwelling development (STCA). With a secure tenancy in place until January 2026, it provides immediate rental income while giving investors and developers time to plan their next move.
This prime corner block offers flexibility for future development, with the potential for a 10-unit site (STCA), subject to council approval. The corner positioning and side access make it ideal for a two-stage development (STCA), commonly seen in Mandurah projects. Additionally, a sewer and water line runs along the property boundary, a valuable feature for future subdivision or construction.
Built in the 1960s, this solid double-brick home on a concrete pad is both durable and functional. The spacious front lounge room is designed for comfort, featuring carpeted flooring and ducted air conditioning throughout the home. Flowing seamlessly into the kitchen and dining areas, the layout is practical and inviting for everyday living.
The kitchen offers generous bench space, ample cupboard storage, a gas cooktop and oven, and corner windows that allow in plenty of natural light. A corner bar in the dining area adds character and provides a great space for entertaining.
The master bedroom, positioned at the rear, features a walk-in robe, carpeted flooring, a ceiling fan, and a large window. Two additional bedrooms also include built-in robes. A door separates the bedrooms from the living spaces, enhancing privacy. The main bathroom includes a bath, shower, and toilet, while the spacious laundry offers an additional second shower and toilet, making it ideal for busy households or guests. Hallway storage cupboards provide added practicality.
The large undercover patio is perfect for alfresco entertaining, and the grassed backyard offers space for relaxation, play, or future improvements. The front yard is shaded by established trees, creating a welcoming street presence.
Key Features:
Corner block 1156m? with R60 zoning
Excellent Central Mandurah location
13-minute walk to beach and 7-minute walk to Silver Sands Shopping
Solid double brick home on a concrete pad
Multiple living areas
Ducted air conditioning
Large undercover patio for alfresco entertaining
Huge backyard with lots of potential
This versatile property is ideal for developers, investors, or those looking for a home with long-term value. With motivated interstate sellers committed elsewhere, now is the perfect time to secure this fantastic opportunity. Contact Jarrod Fleming at 0430 284 042 to schedule a viewing and explore its potential.
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah does not warrant or guarantee the accuracy of the information, nor do they take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.