19 Peel Street, Mandurah, WA 6210

Offers over $749,000

Duplex Semi-detached
Type
4
Bedrooms
2
Bathrooms
972 m²
Area

Published on Monday, October 05, 2026 ( See property details for 19 Peel Street, Mandurah, WA 6210)

Offers over $749,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment and development opportunity in Mandurah's heart, offering immediate rental income and future growth potential.

🏡 Property Highlights

  • Strategic R100 development opportunity within Mandurah's Strategic Centre Precinct
  • Current rental income of $850 per week from two tenanted duplexes
  • Potential for future Residential Mixed Use development
  • Prime location just 750m from Mandurah's vibrant foreshore and amenities
  • Existing charming 1960s duplexes with practical layouts
  • Generous outdoor spaces with separately fenced rear yards

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Water tank
  • Floorboards
  • Secure Parking
  • Pet-Friendly

Mandurah is a vibrant coastal city renowned for its relaxed lifestyle, stunning waterways, and diverse entertainment options. Its strategic location offers excellent access to beaches, cafes, and recreational activities, making it highly desirable for residents and investors alike. The area benefits from ongoing development plans, ensuring long-term growth and value appreciation. With excellent transport links, including Mandurah Train Station, and proximity to shopping centres, Mandurah combines convenience with a laid-back coastal charm.

What is the current condition of the duplexes?
The duplexes are charming 1960s-built residences with practical layouts, currently well-maintained and tenanted until March 2027.
What are the future development plans for this property?
The property is part of the Mandurah Strategic Centre Precinct Structure Plan and is identified for future Residential Mixed Use development, offering significant growth potential.
Is there existing rental income, and what is the yield?
Yes, the property currently generates a combined rental income of $850 per week from two tenanted duplexes.
What amenities are nearby?
The property is within walking distance to Mandurah's foreshore, cafes, restaurants, and entertainment venues, with Mandurah Primary School approximately 260m away and Mandurah Train Station and Shopping Centre around 3km.
Can the property be developed immediately?
While the property is currently tenanted, it is part of a strategic development plan, and future development would require appropriate approvals and planning.
Are there any zoning restrictions or easements affecting the development potential? What are the costs associated with future rezoning or development approvals? Are there any existing structural issues or defects with the duplexes? Is there any history of flooding or bushfire risk in the area? Are there any upcoming planning or construction projects nearby that could impact the property?

19 Peel Street, Mandurah, WA 6210 - More Details

Offers over $749,000

Calling all investors and developers! Positioned in the heart of Mandurah, this substantial R100 development opportunity offers the chance to secure a property with both immediate rental income and exciting future development potential.

The property forms part of the Mandurah Strategic Centre Precinct Structure Plan and is identified for future Residential Mixed Use development, making this an opportunity to secure a strategic piece of land while benefiting from an income producing asset in the meantime.

Currently home to two charming 1960s built duplexes, the property offers a glimpse into Mandurah's earlier days as a relaxed fishing town. Both duplexes are currently tenanted until March 2027, generating a combined rental income of $850 per week, providing a solid holding strategy while you plan for the property's future.

Each duplex features an open plan living and dining area positioned off a central kitchen, complete with an electric cooktop and oven. A bathroom with shower, separate WC and laundry provides practical everyday functionality, while the generous rear yards are separately fenced, offering plenty of outdoor space for each residence.

The location adds further appeal, with Mandurah's vibrant foreshore just a 10 minute walk or approximately 750m away. Enjoy easy access to the water based lifestyle, cafes, restaurants and entertainment that make Mandurah such a sought after destination. Mandurah Primary School is approximately 260m away, while Mandurah Train Station and Mandurah Forum Shopping Centre are both around 3km from the property.

Whether you're looking to secure a strategic development site, invest for the future or take advantage of the current rental return while plans take shape, opportunities of this nature are becoming increasingly difficult to find.

Contact Team Michelle Miles today on 0477 845 529 to find out more.

INFORMATION DISCLAIMER: This information is presented for the purpose of promoting and marketing this property. While we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property. Some photos may contain virtual staging.
Type
Duplex Semi-detached
Bedrooms
4
Bathrooms
2
Area
972 m²
House Size
144 m²

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