This central Mandurah property presents a great investment opportunity. Position yourself in the market, with a 814sqm block, with a rent producing home, zoned R60 which has the potential for 5 group dwellings or more subject to Mandurah City Approval. With the cyclic nature of Real Estate you will be ready to develop your block when the time is right, while receiving rent in the interim. The central location is the key to the success of this investment. With a 3x1 brick and tile home, well presented for the rental market, you are only 5 Minutes to the Mandurah Foreshore for entertainment and 4 minutes to the Mandurah train station for an easy commute to Perth. You have your choice of shopping and it is only 2 minutes to Mandurah Forum and Aldi. The Peel Health Campus is just minutes down the road and there are various medical centres in close proximity. Beaches, the estuary and all of Mandurah's lifestyle opportunities are in easy reach. NBN is connected to the house. * All times approximate by vehicle.