14 Paull Street, Furnissdale WA 6210

3 bed 2 bath on 2023m² with 6 car spaces including powered workshop, bushfire, flood and heritage overlays, and river proximity that drives lifestyle appeal. Compact 97m² 1970s house maximises large block potential through side access to a 17x10m powered workshop with 4.5t hoist, solar panels, solar hot water, bore reticulation for gardens and vegetable plot, plus deck and pergola for outdoor living. Walking distance to the river and boat ramp positions it for buyers seeking self-sufficient acreage-style space without isolation, ideal for small families, hobbyists, boaters or downsizers wanting workshop facilities and low-maintenance grounds. The quiet family neighbourhood suits those prioritising riverside access over urban bustle, with 5G coverage and NBN fibre ensuring connectivity. Demand stays steady for oversized blocks like this in the area, drawn by water proximity amid softening broader market trends, appealing to hands-on buyers who value functionality over size. Configuration supports versatile use, from home-based trade work to extended family setups, though low 5% building coverage leaves room for expansion if overlays permit. Location advantages include proximity to Mandurah Catholic College and local primary and independent schools, fitting family needs in a semi-rural pocket. Disadvantages involve low elevation height heightening flood risk, bushfire-prone status and heritage constraints potentially complicating development, plus distance from Mandurah CBD for commuters. Demographics lean family-oriented with river lifestyle focus, attracting retirees and active households. No major new projects noted nearby, keeping it as a stable hold. Rental yield potential remains solid from the workshop and land appeal to long-term tenants in trades, though the sales history shows opportunistic timing with strong appreciation since earlier years. Growth drivers hinge on Peel region’s infrastructure and water access, offering subdivision potential on 0.5 acres subject to council approval. Risks centre on environmental overlays limiting builds or insurance costs, plus maintenance demands of established gardens in flood-prone lowlands; opportunities lie in value-add renovations or workshop monetisation for steady income.