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5/88 Peninsula Road, Maylands WA 6051

Sold price: $425,000 Sold: 23 Jul 2024
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • 1 Car
Villa
5/88 Peninsula Road, Maylands WA 6051

SOLD -Discover this little beauty!

Discover this secure 2bedroom 1 bathroom villa in a small group offering some modern comforts as well as the convenience of a perfect blend of location, space, and lifestyle for a young first home buying couple or investor looking to be on the doorstep to the bustling Perth CBD, Swan River, Beaufort St Café Strip as well as transportation. With a fixed-term tenant paying $450 until January 28th 2025 you can set and forget in the short term until you are ready to move in or renew the lease.

Key Features:
• Built in 1977 this villa is at the rear of a small intimate group of 8.
• Featuring 2 bedrooms 1 bathroom (67m pls carport)
• Separate undercover carport space
• Large open plan airconditioned family/ dining area
• Feature renovated kitchen and bathroom
• Master bedroom with built-in robing
• Good size second bedroom
• Location: Prime position in vibrant Maylands, close to cafes, shops, and public transport.
• Current Fixed Term Lease at $450 per week until 28/01/25. Rent amount will increase to $475 per week from 29/07/24.
• Quarterly Strata Fees $825 inclusive of $25 reserve fund

Water rates: $893.46 p/a (approx.)
Council rates: $1697.40 p/a (approx.)


Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 5/88 Peninsula Road, Maylands is a two bedroom, one bathroom villa sold by David Quadros at Porter Matthews Metro on 23 Jul 2024.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Maylands or see other recently sold properties in Maylands.

Cost breakdown

  • Council rates: $1,697 / year
  • Water rates: $893 / year
  • Strata fees: $825 / quarter

Nearby schools

0.5km
1.8km
St Columba's School
  • Primary
  • Non-government
2.0km
Bayswater Primary School
  • Primary
  • Government
Disclaimer

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 $860k
Low end $661k
19.4 %
Annual growth
$860k
Annual median sales price
$695pw
Annual median rental price

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FAQ's

The average number of selling days in Maylands is 8 days.

5/88 Peninsula Road, Maylands sold on 23/7/2024 for $425,000.
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