Mandurah is one of the drivers of Australia's investor boom and is the top regional property hot spot to watch.

With that in mind, investors will be excited to learn of a rare opportunity to secure an iconic developmental site located in the main street of Mandurah at 33 Sholl Street.

A thriving coastal city located approximately 50 minutes south of Perth, Mandurah, fondly known as "Little Venice", offers a sublime laidback beachy lifestyle with all the amenities including outstanding employment, educational and sports opportunities, shops, restaurants, bars, waterside walks and cycleways and a train to Perth.

Mandurah's forecast population is anticipated to grow by around 44% until 2046.

With the potential to develop up to eight storeys or 32 metres, and offering almost a quarter of an acre of prime land, 33 Sholl Street poses an ideal mixed-use development project with main street frontage.

With its adjacent neighbours of 29-31 Sholl Street – a bustling medical, hospitality and education hub – the opportunities to cater to this active area are aplenty!

On a lot size of 1,012 square metres, 33 Sholl is perfectly positioned to maximise investment returns and make the most of blue-sky ventures.

Zoned 'Strategic Centre' (under the City of Mandurah Local Planning Scheme No. 12) 33 Sholl's future development allows both residential and non-residential use, such as an office, shop or medical centre on the ground floor and living above.

33 Sholl Street – an iconic development opportunity – is being sold by Jane Carew-Reid, a real estate professional at H & N Perry, a pioneer Mandurah agency with more than 70 years of success in this region.

For further information, please contact Jane Carew-Reid on 0418 956 753.