1 Preston Street, Mandurah

Whether you're looking to move straight in or take advantage of the current periodic tenancy for immediate rental income with tenants who would love to stay, this home is brimming with opportunity. The fantastic rental return and potential for subdivision makes this a smart choice for savvy investors, while the well cared for and easy-care layout make it a perfect option for owner-occupiers looking for their forever home. Meagan from Team Miles - Acton Belle Property is proud to present this charming 1965 brick and tile home on 679 sqm corner block, offering not only a comfortable living space but also potential for future subdivision, and investment with room to grow. The open-plan kitchen, dining, and living area is perfect for gatherings, with a renovated kitchen equipped with modern amenities to make cooking enjoyable. Whilst the formal lounge with a cozy fire place and air conditioning is the prefect place to unwind. Two oversized bedrooms -1 featuring air conditioning, each with huge built-in robes, offer ample space, complemented by a large laundry and a functional, spacious bathroom. FOR INVESTORS • 679m2 of subdivision potential: dual road access, zoned R60 and situated in the Inner Mandurah Precinct Plan area • Neat and tidy, low maintenance, no fuss property • Hugely attractive location for renters, with the beach and city centre amenities within 1km... not to mention the primary school just a 200m walk away! • Great rental return and excellent tenants happy to stay on. FOR HOMEBUYERS • Good bones for renovation, or move in and make it your own • Two large bedrooms, both with huge WIRs • Dual living areas • Renovated open-plan kitchen with built-in oven and rangehood • Large laundry with plenty of storage • Two split-system air cons and solar panels • Lock up garage, multiple outdoor living spaces and big potential in front and back gardens Invest now in a property that offers more than just a place to live, it offers the potential to grow your future. Mandurah's growing infrastructure means this property is perfectly positioned to take advantage of everything the area has to offer. Imagine being just a short walk from the stunning eastern foreshore, where you can enjoy the marina, grab a coffee at a local café, or dine at one of the many nearby restaurants. The local Primary school is just 200m down the road, Shopping is also a breeze with the Mandurah Forum Shopping Centre and Aldi close by, and for those who commute, the train station is within easy reach. Medical facilities are also nearby, ensuring all your healthcare needs are covered. This property won't last long-schedule your viewing today with Meagan from Team Miles by using the enquire now feature. Important details: This home is being sold on an "As Is" basis. A "Before you Buy" building report is also available for purchase. INFORMATION DISCLAIMER: This information is presented for the purpose of promoting and marketing this property. While we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property.