Sold
2058 Albany Highway, Maddington WA 6109
Sold price: $380,000
Sold: 24 Feb 2020
Sold
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3 Bedrooms
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2 Bathrooms
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1 Car
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Landsize 1,912m2
House
View
SOLD: 1914m2 R30 A Huge Opportunity on the Highway!
This massive 1,912sqm (approx.) site is zoned R30 and holds the potential to build up to six units on it, making it every developer's dream.
The existing 3 bedroom 1 bathroom circa-1940s home is currently leased at $280 per week, with the long-term tenants having been there for the last 10 years. Start drawing up the plans and sit on things for as long as you need - the rental revenue will come.
This exciting property is very close to bus stops, both Maddington and Gosnells Train Stations, other major arterial roads and the heart of the Gosnells Town Centre, where schools, shopping and sporting facilities lie in wait. Opportunities like this one simply do not come around very often!
Features:
• Block size - 1912sqm (approx.)
• Zoning - R30
• Potential - Six-unit development site
• Current long-term tenants will still generate you rental income at $250 per week
• Reap the rewards both now and later
• Ultra-convenient location close to everything you need
Distances to (approx.):
• East Maddington Primary School - 1.9km
• City of Gosnells - 2.2km
• Gosnells Town Centre - 3.1km
• Perth Airport (T1 and T2) - 16.7km
• Perth CBD - 22.7km
For more information please contact 9475 9622
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Property features
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Garages
1
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Toilets
2
Property snapshot by reiwa.com
This property at 2058 Albany Highway, Maddington is a three bedroom, two bathroom house sold by Raveen Liyanage and Hasi Kodagoda at Porter Matthews Metro on 24 Feb 2020.
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
$445k
25.6 %
Annual growth
$515k
Annual median sales price
$627pw
Annual median rental price
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