55/132-140 Mandurah Terrace, Mandurah WA 6210

Positioned on Mandurah's coastal strip, Lakeside Villas presents an outstanding opportunity for investors looking to secure a well located, low-maintenance property with the added benefit of an established tenancy already in place.

Set within a secure complex, this apartment offers a functional and light filled layout designed for comfortable everyday living. The open plan living and dining area flows seamlessly through to a practical kitchen, complete with ample storage and workspace, making it an appealing setup for long-term tenants. Large windows invite natural light into the home, enhancing the sense of space and creating a bright, welcoming atmosphere throughout.

The accommodation is well proportioned, with two generously sized bedrooms providing comfort and privacy, complemented by a neat and tidy bathroom. The overall design focuses on easy care living, ensuring minimal upkeep while still delivering a relaxed and enjoyable lifestyle for occupants.

One of the key highlights of this property is its prime location. Just a short stroll from Mandurah's beautiful beaches and the popular foreshore precinct, residents can enjoy easy access to a wide selection of cafes, restaurants, bars, and local shops. The area continues to experience strong demand from both tenants and holidaymakers alike, reinforcing its appeal as a reliable investment location.

A rare and highly desirable feature of this property is its exclusive courtyard, one of only two apartments within the complex to offer this added outdoor space. This private area provides an ideal setting for those who enjoy fresh air, outdoor dining, or simply a quiet place to unwind, enhancing lifestyle appeal. The inclusion of a courtyard not only sets this apartment apart from others in the complex but also adds an extra layer of functionality and value that is increasingly sought after in apartment living.

With a secure tenant already in place, this property offers immediate rental return and peace of mind for investors seeking a set and forget addition to their portfolio. Whether you are expanding your investment holdings or entering the market, this is a compelling opportunity in a high-demand coastal setting.

Additional features include secure parking, access to complex amenities, and a convenient lock and leave lifestyle, further enhancing its appeal to tenants and ensuring ongoing rental interest.

Strata Levies - $996.95 per quarter
Council Rates - $1,845 annually
Water Rates - $1,463.16 annually
Property in lease until January 2027 at $400 per week.

Don't miss the opportunity to make this property home! Contact the Lewis Quayle Team today on 0426 264 616 to arrange your private inspection.

INFORMATION DISCLAIMER:
This information is presented for the purpose of promoting and marketing this property. Whilst 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.