Sold
1 Morley Street, Maddington WA 6109
Sold price: $350,000
Sold: 18 Feb 2022
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 777m2
House
View
FOR SMART INVESTORS AND DEVELOPERS!
777m2 CORNER TRIPLEX BLOCK
HIGH DENSITY R40 ZONING
DEVELOPMENT APPROVAL TO RETAIN AND BUILD
SMART INVESTORS - FIRST HOME BUYERS - DEVELOPERS!
Fantastic opportunity and a smart buy… set in a quiet location, positioned opposite train transport, a preferred dual frontage corner lot, and set close to all amenities!
Added bonus of a neat and solid rented low maintenance 3 bedroom brick and tiled home, an appealing corner block with dual frontage, and SUB DIVISION APPROVAL to retain the house on a duplex block and create new street front lot at the rear!
PROPERTY OPTIONS
1. Retain the existing home on a 516m2 DUPLEX POTENTIAL BLOCK and create a new 261m2 Street front lot!
2. Demolish and create 3 Street front lots with generous frontages!
3. Continue to rent out the existing home, create equity and develop later!
PROPERTY FEATURES
- 777m2 block size
- High density R40 zoning
- Dual Street frontage corner block
- Sub-division approval granted
- Excellent location close to amenities
- Close proximity to Shopping centre
- Walk to train and bus transport
- Close to schools and recreational facilities
- Easy access to Albany and Tonkin Highways
For further details, contact the selling agents
Property features
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Garages
1
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Toilets
1
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Floor area
122m2
Property snapshot by reiwa.com
This property at 1 Morley Street, Maddington is a three bedroom, one bathroom house sold by Ray Cafini and Rob Paradiso at ProProperty Group on 18 Feb 2022.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Maddington or see other recently sold properties in Maddington.
Nearby schools
Maddington overview
'Diversity' best describes the southeast suburb of Maddington. Located 18 kilometres from Perth, Maddington contains major residential, retail and industrial sectors, as well as some semi-rural areas within its 11 square kilometre land area. Maddington's development began in the 1970s, with population growth occurring in the early 1990s and recently between 2006 and 2011 when new homes were added to the area.
Life in Maddington
Removed from the hectic nature of city living, but retaining the facilities that make city living appealing, Maddington is a suburb spoilt with opportunity. Currently, there are two shopping centres in the area, Maddington Central and Maddington Village Shopping Centre, as well as two community centres, a skate park, oval, parklands and playground. There are numerous primary schools in the area, including Maddington Primary School and East Maddington Primary School, as well as a local high school, Yule Brook College.
Maddington quick stats
High end
$600k
Median
$515k
Low end
$450k
25.6 %
Annual growth
$515k
Annual median sales price
$627pw
Annual median rental price
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