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1943 Albany Highway, Maddington WA 6109

Sold price: $805,000 Sold: 19 Sep 2024
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 2 Cars
  • Landsize 1,320m2
House
1943 Albany Highway, Maddington WA 6109

PRIME LOCATION, DEVELOPMENT POTENTIAL

Introducing 1943 Albany Highway, Maddington—a prime development opportunity that promises an array of possibilities for savvy investors and developers alike. Boasting a generous 1,320 sqm parcel of land, this property commands attention with its strategic main road frontage, positioning it as a focal point at the gateway to the Maddington CBD and nestled within the Central Maddington Structure Plan.

This is an exceptionally rare offering. Presently governed by Town Planning Scheme 6 (TPS6) within the City of Gosnells, it holds a Residential Development zoning (STCA), laying the groundwork for immediate residential undertakings. However, a thrilling transformation awaits with the forthcoming Local Planning Scheme (LPS24, anticipated for late 2024 approval), propelling the property into the sphere of Service Commercial zoning. This transition unlocks a new realm of development possibilities (STCA), elevating the property's potential for development even further.

Under LPS24, the prime future potential could lend itself for use as a possible childcare centre, capitalising on its strategic location immediately next door to Maddington Primary School. Imagine the convenience for parents, the synergy with the school, and the opportunity to cater to the growing demand for childcare services in the area. However, it's crucial to note that any development plans are subject to Council and Planning approval.

Whether you're inclined to explore residential development opportunities now or opt to secure this gem for future commercial pursuits, this is a rare chance to seize a slice of Maddington's evolving landscape. Don't miss out on the chance to shape the future of this dynamic location—enquire today and unlock the potential of 1943 Albany Highway, Maddington.

Key features include:
* 1,320 sqm block with prime Albany Highway Frontage
* Currently zoned Residential Development under TPS6
* Zoning will change to Service Commercial under the future LPS24
* Next door to Maddington Primary School
* Possible use as childcare centre under LPS24 (STCA)
* Convenient access to railway currently undergoing significant upgrade
* Easy links to Roe and Tonkin Highways
* Surrounded by established residential and commercial property
* Positioned within the Central Maddington Structure Plan
* Current home being sold AS IS
* Double garage

For more information and inspection times contact:
Agent: Josh Brockhurst
Mobile: 0410 490 198

PROPERTY INFORMATION
Council Rates: $397.50 per qtr
Water Rates: $212.46 per qtr
Block Size: 1,320 sqm
Zoning: Contact City of Gosnells
Build Year: 1936 approx
Dwelling Type: House
Floor Plan: Not Available

*Any reference to development potential is subject to planning and approval by relevant authorities. Potential Buyers are encouraged to make their own enquiries in relation to any intended plans for future development of this site. Our latest updated from the City of Gosnells has advised LPS 24 is due for approval in 2024, however this a guide only.

INFORMATION DISCLAIMER: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Century 21 Team Brockhurst provides this information without any express or implied warranty as to its accuracy or currency.

Property features

  • Garages 2

Property snapshot by reiwa.com

This property at 1943 Albany Highway, Maddington is a three bedroom, one bathroom house sold by Josh Brockhurst at Century 21 Team Brockhurst on 19 Sep 2024.

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.

Cost breakdown

  • Council rates: $397 / year

Nearby schools

0.1km
Maddington Primary School
  • Primary
  • Government
0.9km
St Francis' School
  • Secondary
  • Non-government
Disclaimer

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 $660k
Median $600k
Low end $546k
39.5 %
Annual growth
$600k
Annual median sales price
$645pw
Annual median rental price

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FAQ's

1943 Albany Highway, Maddington is a 3 bedroom, 1 bathroom house.

The median house price in Maddington is $600,000, the median unit price is $350,000.

The average number of selling days in Maddington is 15 days.
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