Sold
5/12 Tenth Ave., Maylands WA 6051
Sold price: $225,000
Sold: 12 Oct 2023
Sold
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1 Bedroom
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1 Bathroom
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1 Car
Unit
View
Great Investment
SOLD ! SOLD ! SOLD !
- Renovated Property - Rental Return Over $20,500 per year -
Set in the heart of Maylands is this stunning unit, featuring 1 bedroom, 1 bathroom, lounge area, meals area, modern kitchen, stainless steel appliances, built in robe, storage, laundry area, courtyard area, LED lights, quality fittings, low maintenance and 1 car parking area.
The property has just been renovated with new floors, new bathroom, new tiles, new paint and new light fittings.
The property is centrally located to Maylands Peninsula Primary School, Bardon Park, Maylands Yacht Club, Maylands Jetty, Swan River, restaurants, cafes, Maylands Shopping, Maylands Train station, 15 minutes to Perth Airport, 10 minutes to Perth CBD and 5 minutes to Graham Farmer Fwy.
The property also represents an excellent investment opportunity with the current rental value being $400 per week to good tenants that have been taking good care of the property.
Expenses for this property are as follows:
Strata fees - $872 per quarter
Council Rates - $1681 per year
Water Rates - $900 per year
If you are a 1st homebuyer, then you will pay Zero Stamp Duty, as this would be your first home. (Conditions Apply)
Properties in this part of Maylands always sell very fast, so make sure you are quick as most properties only last a few days in the current Perth real estate market.
For more information on this unique property or to request a private viewing, please contact Sam at the office on 94954100 or mobile 0400515051.
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 5/12 Tenth Ave., Maylands is a one bedroom, one bathroom unit sold by Sam Zeedan at WA Real Estate Property Group on 12 Oct 2023.
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
