6/98 Mandurah Terrace, Mandurah WA 6210

Compact 40m² unit | One-bedroom apartment | Strata-managed complex | Security screens throughout | Near primary school This unit presents a competitively priced entry point into the Mandurah market, serving the budget-conscious buyer or investor seeking minimal upkeep. Its primary strength is its position within a well-maintained, strata-managed complex, reducing owner maintenance burdens. The inclusion of a dedicated car space adds practical value in a compact format. This property is best suited for a single occupant or as a rental investment targeting tenants seeking affordability and proximity to the Mandurah Primary School catchment. The central decision point is the strata levy, which at over $500 per quarter imposes a significant recurring cost against a modest 40-square-metre floor plan, directly impacting cash flow. Conflicting estimated valuations indicate market uncertainty, suggesting a purchase price above the lower estimates requires immediate equity justification. Proceed only with a bank valuation and building inspection, structuring any offer conditional on these findings. This unit should be held as a long-term, yield-focused holding, not for short-term capital appreciation.