Sterling Property as exclusive agents is excited to present 2 and 22 Quendmaia Lane, Mandurah For Sale by Offers Invited campaign closing on March 12th 2025, at 5pm (AWST) This unique development opportunity within 200m of the Mandurah Train Station is Zoned R60 providing buyers a number of development outcomes not limited to NDIS, Build to Rent, Build to sell or Affordable Housing Projects. Key Property Highlights: - Favourable R60 zoning - Land Areas - 2 Quendamia Lane - 698sqm - 22 Quendamia Land - 829 sqm - Within Mandurah Junction Precinct - 250m to Mandurah Train Station - Walking distance to Mandurah Forum - 900m to Greenfields Shopping Centre - 1.5 km to Murdoch University and South Metropolitan Tafe campus - Mandurah has experienced high growth over the past 12 months, reflected by a 29.5% growth in the Median house price to $505,000. - Median rents / week in Mandurah $520pw which have grown 15.6% over the past 12 months. - Mandurah has experienced strong growth over the past 12 months, reflected by a 29.5% growth in the Median house price to $505,000. - Median rents / week in Mandurah $520pw which have grown 15.6% over the past 12 months. - Previous DA approvals - Lot 22 o 2 x Four x 4 villas SDA compliant - Lot 2 o 1 x Four x 4.5 townhouse SDA compliant. Design includes separate OCA, Guest/studio o 1 x Three x 3.5 Townhouse SDA compliant. Design includes a separate OCA, Guest/studio. **Apartment concepts previously approved – now expired. Sales Process: These prime development sites are offered For Sale via an Offers Invited Campaign closing at 5pm (AWST) on the 5th March 2025. unless sold prior. For further details or to request an Information Memorandum (IM) regarding this opportunity, please contact Sterling Property's Exclusive Agent Simon Brady
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