Amazing property long held by the current owner who has enjoyed the benefits of this unique property for the last 28 years.
Ideal for the investor or someone wanting to purchase a property with a shared space - this one is a gold mine with two rentable dwellings both of which are currently tenanted with a total return of $28,600 per annum.
Dwelling 1.
1960's style 3 bedroom, 1 bathroom home with all the distinct characteristics of that era, a spacious detached cottage that has had some modernisation but still retains all the charm of the period, it was built with timber windows, high(er) ceilings, open fireplace and split system air-conditioning.
Dwelling 2.
Built at the same time as the front house this freestanding 1 bedroom, 1 bathroom flat/bedsit/studio has plenty of charm and character as per the front house plus a beaut private location at the side / rear.
There is a huge shared yard with a total block size of 809 sqm and the property is earmarked for future development with its R12.5/R30 zoning - there is also plenty of parking with a double carport and plenty of open parking.
The property faces North and overlooks Davies park.
Its only going to get better here with the new train station just "down the road" and a changing demographic this property and area are hot buying!
Call today to book your early inspection.
This property at 17 Stanley Street, Maida Vale is a three bedroom, one bathroom house sold by Nigel Aldridge at Ray White Aldridge & Associates on 18 Jan 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Maida Vale or see other recently sold properties in Maida Vale.
This area was first settled in 1873 by William Henry Mead. He built a home in the Ridge Hill area, and established an orchard named "Orangedale". The name of Maida Vale was chosen as the district name by a public meeting of local residents in 1910, and comes from the property name of another early settler, Mr W H McCormack. It is assumed that the name was derived from that of the west London suburb of this name, which in turn is named after Maida (S. Pietro di Maida) in Calabria, Italy. The British Army defeated the French there in 1806, and in commemoration of the victory Maida Hall and Maida Vale were named.
Within the suburb there is a primary school, Maida Vale Primary School, a golf course, numerous parks/ovals, small shops, and a heated swimming pool. Maida Vale retains areas of natural bushland and is not completely built-up with housing.