55/130 Mandurah Terrace, Mandurah WA 6210

2 bed unit | central Mandurah | heritage area | flood zone | 6106m² site | 5.9% yield This property sits within a large multi-unit complex on Mandurah Terrace, offering a 2-bedroom, 1-bathroom configuration that is less common than detached housing in this suburb and more aligned with the town-centre apartment stock. The estimated rent of around $495 per week suggests a gross yield near 5.9%, which is solid for the price point and likely to appeal to investors seeking reliable returns. The unit is best suited to downsizers who value walkability to the waterfront and town amenities, first-home buyers looking for an entry point into the market, or lifestyle buyers wanting proximity to the coast without the maintenance of a house. The heritage area designation and flood zone status are material factors that may affect marketability and renovation scope. These constraints could limit future redevelopment potential or require additional approvals for any changes, which a buyer should weigh when forming a view on price. The unit last sold about 30 years ago for $82,500, suggesting limited recent turnover in the complex, and the condition of the interior is not confirmed from available records. A buyer should verify the unit’s aspect, floor level, and any past upgrades before committing, as these details could influence both livability and resale value.