If you've been searching for a property on a large parcel of land to develop in the future, move into and add your personal touch, or simply land bank-look no further. Come and inspect this rare opportunity at 33 Eacott Street, Mandurah.

This 2-bedroom, 1-bathroom Mandurah cottage with side access is currently leased with a fixed-term lease is in place until 29th October 2025, generating $375 per week-making it a perfect set-and-forget investment with immediate rental income.

Set on a large parcel of land (1031m2), this small home offers big potential. Zoned R60, the site invites you to explore a range of development possibilities (subject to Council approval). With side access, you might even consider a two-stage development-build at the rear while retaining the existing cottage (STCA). Alternatively, enjoy it as a holiday getaway or live in it down the track while planning your future project. Either way, it's a fantastic opportunity to grow your wealth in your own backyard.

Conveniently located within short drive to the train station, beaches, Mandurah Forum, medical services, and all the lifestyle perks Mandurah has to offer.

Other property features:
• Year Built: 1965
• Land Area: 1031m2 approx
• Floor Area: 73m2 approx
• Council Rates: $2000 approx
• Water Rates : $1023 approx (1/7/2024 to 30/6/2025)
• Rental Appraisal : $450 to $500pw

Don't miss out on this rare opportunity-call today to arrange a viewing or to make an offer.

Disclaimer: Some pictures are for illustrative purposes only. This description has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate; however buyers must make their own independent inquiries and must rely on their own personal judgment about the information included in this advertisement. Gopika Kaku and LJ Hooker Mandurah provides this information without any express or implied warranty as to its accuracy or currency.