Welcome to 36 Stead Street - a solid and spacious 3-bedroom, 1-bathroom home with huge potential, set on a generous 871sqm block in a quiet, well-established street of Maddington. Built in 1965, this brick-and-tile residence is full of opportunity for future development, with wide side access making it ideal for a retain and build project (STCA).
nside, the home offers a practical layout with a light-filled lounge, a functional kitchen and dining area, and three comfortable bedrooms. One of the standout features is the large separate games room, providing a flexible second living space that could easily be used as a home theatre, studio, office, or teenager's retreat. With plenty of outdoor space and easy access to the rear, the property is perfect for those looking to add value or subdivide in the future.
Whether you're a seasoned investor or a first-time buyer looking for space and potential, this property delivers on both fronts.
(Currently leased at $500 per week until 17/08/2026) providing secure rental income from day one.
Property Features:
-3 well-sized bedrooms
-1 bathroom with separate toilet
-Spacious front lounge with natural light
-Functional kitchen and meals area
-Large separate games room - versatile extra space
-Solid brick & tile construction (built in 1965)
-Huge 871sqm block with wide side access
-Potential to retain the existing home and build at the rear (STCA)
-Generous backyard with future development scope
-Quiet, family-friendly location close to shops, schools, parks, and transport
-Ideal for investors, developers, or first home buyers
- Current Rental Return: $550/week (leased until end of 2025)
-Approximate Current Market Rental Appraisal: $700/week
CALL ERFAN HASSANI NOW TO ARRANGE A VIEWING ( 0403 558 043 )
This property at 36 Stead Street, Maddington is a three bedroom, one bathroom house sold by Erfan Hassani at Stratton Realty on 16 Sep 2025.
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.
'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.
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.