23 Olga Road, Maddington WA 6109
Sold price: $1,360,000
Sold
Sold: 03 Jul 2023
Landsize 2,265m2
Land
Contact the agent
Tim Chant
0402025005
Mack Hall Real Estate in assoc. with Knight Frank
Development Site
Maddington is a lush, green suburb located just 20 minutes from Perth CBD, 15 minutes to International & Domestic airport and has a great mixture of Commercial, industrial & residential opportunities. If you're thinking about developing property in Maddington, consider that rental yields for houses are currently 5.91% with an average median rent of $430 weekly. Houses have seen 2.98% growth in the past quarter, and 8.57% growth in the past 12 months.Armed with these stats, looking at this prime corner development site, situated right opposite Centro Maddington Shopping Centre, walking distance to fast food outlets, Commercial precinct, Trains, Busses and major arterial roads, Plus being right in the middle of many key employment hubs, it just makes perfect sense to be considering this as your next venture.
Features:
• Corner 2265sqm block
• Deep Sewer Available
• Zoned Mixed Business TPS6
Contact Tim Chant to discuss options. Happy to assist any way i can.
Property features
Cost breakdown
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Council rates: $3,650 / year
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Water rates: $1,635 / year
Nearby schools
| Maddington Education Support Centre | Primary | Specialist | 0.4km |
| Maddington Primary School | Primary | Government | 0.5km |
| St Francis' School | Secondary | Non-government | 0.8km |
| Bramfield Park Primary School | Primary | Government | 1.4km |
| Thornlie Primary School | Primary | Government | 1.5km |
| Australian Islamic College - Thornlie | Primary | Non-government | 1.9km |
| East Maddington Primary School | Primary | Government | 2.1km |
| Communicare Academy | Secondary | Non-government | 2.2km |
| Kenwick School | Combined | Specialist | 2.2km |
| East Kenwick Primary School | Primary | Government | 2.4km |