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GREEN TITLE 315m2 BLOCK ZONED R60
Whether you are looking for a new renovation project, or you are an ambitious small scale developer, this little 3 bedroom 1 bathroom green title villa, is absolutely loaded with potential!
Being a 315m2 R60 corner site does give it potential (subject to meeting design code criteria & council policies) to possibly be re-subdivided into two smaller lots. However, it could also just be renovated well and be a very comfortable small home with no strata or strata fees, nice and close to the river, shops and café strip.
Renovate now and live in, or redevelop and build something more ambitious, it’s up to you! But don’t miss your opportunity, affordable little homes with potential like this, don’t last long in this market!
Features at a Glance:
• 3 Bedroom, 1 Bathroom 1 Carport 1 Extra Car Bay
• 80m2 of home on 315m2 of land area Zoned R60
• Ceiling fans, Gas Cooking & Gas Bayonet for Gas Heating
• Ducted evaporative air-conditioning
• Two front courtyards and two rear courtyards
• Property to be sold in as-is condition
• 650m walk from the Maylands Café Strip
• Approximately 5km directly to the city (around 15 mins drive)
• Potential rent of around $350 per week (once renovated)
• Council Rates: $1,599 p.a. Water Rates: $1,111 p.a.
Property features
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Carports
1
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Patio
Property snapshot by reiwa.com
This property at 42 East Street, Maylands is a three bedroom, one bathroom house sold by Steve Lorrimar at NTY Property Group on 22 Apr 2021.
Looking to buy a similar property in the area? View other three 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
$1.1m
Median
$850k
Low end
$660k
18.1 %
Annual growth
$850k
Annual median sales price
$695pw
Annual median rental price
