7/16 Rockford Street, Mandurah WA 6210

Gated complex | central Mandurah | tenanted until 2026 | flood & heritage overlays This townhouse presents a compelling turnkey investment in a central, high-amenity location. Its tenanted status with secure income until mid-2026 offers immediate yield, while the gated complex and modern, low-maintenance configuration cater to both professional renters and future downsizers seeking a lock-and-leave lifestyle near the waterfront. The position is its primary advantage. Proceed with caution, as the heritage and flood overlays impose specific constraints and potential insurance costs that permanently affect capital growth and liquidity. The current asking price appears positioned below estimated market value, suggesting a motivated seller. Acquire this as a long-term hold for reliable rental income, not for short-term gain or significant renovation potential.