Positioned on a generous 809sqm block in sought-after Old Madora Bay, this three-bedroom, one-bathroom home presents an appealing opportunity for investors, future owner-occupiers or buyers looking to secure a substantial coastal property for the years ahead.Currently leased at $510 per week until June 2027, the property provides immediate rental income while giving its new owner time to consider the possibilities for the future.Continue to enjoy the home as an investment, undertake further improvements over time, explore the potential for a granny flat, or consider redeveloping the block with a new family home that may capture ocean views-all subject to the relevant council and planning approvals.Property features include:This is an opportunity to secure a sizeable block in an established coastal neighbourhood while receiving rental income from day one. Whether you are building your property portfolio, planning a future move to Madora Bay or looking for land with longer-term possibilities, this property deserves your attention.Buy now, collect the rent and plan for the future.Contact:Ian Watson - 0428 887 599Karen Watson - 0419 950 203LJ Hooker Property Experience SouthServicing the Mandurah and Peel regionsDISCLAIMER: This description has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate; however, buyers must make their own independent enquiries and rely on their own judgement regarding the information contained in this advertisement. Ian Watson and LJ Hooker Property Experience South provide this information without any express or implied warranty as to its accuracy or currency.