Sold
31/3 Sherwood Street, Maylands WA 6051
Sold price: $112,000
Sold: 17 Feb 2020
Sold
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1 Bedroom
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1 Bathroom
Apartment
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DECEASED ESTATE – MUST GO!
This could be the buying opportunity of the century! Our client has taken possession of this property to recover debts and it must be sold.
Located in one of Maylands most extensively refurbished apartment complexes, Madison Heights, this largely original but spacious apartment (46m2) is begging for a renovation and a new lease on life. Many of the other apartments in this complex have already been renovated to a very high standard.
The 3 Sherwood Street complex is ideally located just a few minutes from Coles supermarket, and easy walking distance to the Maylands Train Station and Café strip.
Features at a Glance:
• 1 Bedroom, 1 Bathroom, 1 Balcony, 1 Allocated Car Bay
• Good size 42m2 internally + 4m2 balcony + 14m2 car bay = 60m2 on strata plan.
• Very well located - 5 mins walk to shops, 10 mins walk to train.
• Potential rent of $210 per week once refurbished.
• Council Rates: $1,415 p.a. Water Rates: $858 p.a.
Property snapshot by reiwa.com
This property at 31/3 Sherwood Street, Maylands is a one bedroom, one bathroom apartment sold by Steve Lorrimar at NTY Property Group on 17 Feb 2020.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Maylands or see other recently sold properties in Maylands.
Nearby schools
Maylands overview
Maylands is a riverside inner-city suburb approximately 4.5 kilometres northeast of Perth, serviced by the Midland railway line on the northern bank of the Swan River. In 1896 the name "Maylands" was first used to identify the area, appearing on a poster advertising a land auction. However the exact reason how the area got its name is something of a mystery.
The suburb was once a source of clay for brick and tile making at Maylands Brickworks, and the pits from these activities are now part of a golf course and residential area. It was home to Perth's main airport until the early 1960s, and the facilities were converted to a training area for the Western Australian Police Service.
Life in Maylands
Maylands is known as a cultural and creative hub as it is home to The West Australian Ballet Centre and home to the WA Youth Jazz Orchestra. In recent years, new bars, cafés and restaurants, along with gourmet food and retail outlets have all contributed to an ongoing transformation of the town centre into a lively, diverse and inclusive destination. There are numerous shopping centres in the area, 15 parks and reserves and two primary schools.
Maylands quick stats
High end
$990k
Median
$760k
Low end
$589k
6.5 %
Annual growth
$760k
Annual median sales price
$650pw
Annual median rental price
