Wow! You have a rental income while you plan.This awesome central location is strategic to the potential of this property, right in the heart of the "Central Development Precinct". Your new investment property has a renovated bathroom and is zoned Residential R60 and you have the advantage of a 956m2 block. There is potential for a 2 stage development, subject to Council approval. You have the benefit of being in walking distance to Aldi for shopping and a short drive to the Mandurah train station and Mandurah Forum Shopping Centre. The Peel Health Campus, numerous schools and sporting facilities are also nearby. Town Beach and Dolphin Quay are a short drive away for fun and recreation. All that Mandurah and its surrounding areas have to offer are in easy reach. Call Les Walters (the guy with the 7 kids) on 0407 060 566 for your personal viewing.