63 Peel Street
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About this property
A rare Strategic Centre landholding with the potential to deliver strong long-term growth, future development and exceptional investment returns. Every successful investor knows the best opportunities are secured long before everyone else recognises their value. Positioned in a thriving growth corridor, this 769sqm (approx.) Strategic Centre-zoned property offers exactly that opportunity. Whether you're an experienced developer, an SMSF trustee looking to strengthen your retirement portfolio, or an investor seeking a high-growth asset, this property provides the flexibility to create lasting wealth. The generous 20-metre (approx.) frontage, combined with Strategic Centre zoning, opens the door to a range of future possibilities (Subject to Council Consent). Current planning indicates the potential for approximately six to seven residential dwellings, commercial premises, or a mixed-use development designed to maximise both rental income and future capital growth. Location is everything-and this one delivers. Situated on a well-connected link road with excellent access to public transport, shopping, schools and surrounding business precincts, the property sits in an area where demand for quality housing and commercial space continues to grow. Surrounded by established businesses, apartment developments and residential communities, it is ideally positioned to benefit from ongoing investment in the area. For SMSF investors, opportunities like this are becoming increasingly difficult to find. Strategic Centre land is a finite resource, making it an attractive long-term asset capable of delivering both capital appreciation and future income-producing potential. An existing brick home occupies the site and is currently weatherproof and habitable. While it would require renovation to achieve a suitable rental standard, it offers the possibility of holding income while development approvals are explored. Ultimately, however, the true value lies beneath-the land, the zoning and the future it makes possible. Why You'll Love This Investment • 769sqm (approx.) Strategic Centre-zoned allotment. • Wide 20-metre (approx.) frontage offering excellent design flexibility. • Potential for approximately six to seven residential dwellings, commercial development or mixed-use project (STCC). • Strong long-term capital growth prospects in an established and evolving precinct. • Excellent access to public transport, shopping and major transport links. • Ideal for SMSFs, developers, land bankers and long-term investors. • Existing home offers potential holding income while future plans are prepared. The best investments don't just generate returns-they create options. Whether you choose to develop, lease, land bank or hold for future growth, this is an opportunity to secure a premium parcel of Strategic Centre land in a location with the fundamentals investors look for today and the potential they'll value tomorrow. Invest with confidence. Develop with vision. Secure your future today.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 4
- Land Area
- 769 m²
- Listed
- Yesterday
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Neighbourhood
Living in Mandurah
This 2-bedroom house in Mandurah, WA 6210 sits within reach of public transport, local shops and nearby schools. It is listed 3% above the $679,000 median of 61 comparable houseswithin 5 km.
Schools near Mandurah
- Frederick Irwin Anglican Schoolcombined · PP-12 · CoEd
- Mandurah Catholic Collegecombined · PP-12 · CoEd
- Assumption Catholic Primary Schoolprimary · PP-6 · CoEd
- Dudley Park Primary Schoolprimary · K-6 · CoEd
- Mandurah Primary Schoolprimary · K-6 · CoEd
- North Mandurah Primary Schoolprimary · K-6 · CoEd
What's nearby
- Anstruther Rd Before Forward St (bus) — 112 m away
- Isuzu — 785 m away
- Unnamed — 640 m away
- George Robinson Gardens — 1.1 km away
- Henson Reserve — 1.2 km away
Mandurah at a glance
Full suburb profile- Population
- 8,804
- Median age
- 50
- Household income
- $858/wk
- Median rent
- $270/wk
- Median mortgage
- $1,250/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Mandurah price trend
Median sold · House 2 bed
Compound growth +18.4% / yr over 4 yrs
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Listing price changes
1 price change recorded for this property
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