52B River Avenue, Maddington WA 6109

Prime Development Opportunity: Subdivide into 4 Units or Enjoy a Cozy 2-Bed, 1-Bath Home in a Fantastic Location!!!

Unlock Potential with a 2-Bedroom Duplex on a 2981m² Block!!!

Ideally situated at the front of the block, this inviting 2-bedroom, 1-bathroom duplex offers a wonderful opportunity. Combine it with the adjacent 3-bedroom, 1-bathroom duplex at 52A River Avenue to create a substantial 2981m² block. This larger parcel presents the potential to subdivide into four units while retaining the current duplexes.

Rental Potential:
• 52B River Avenue: $600 per week
• 52A River Avenue: $600 per week

Together, these properties offer a combined rental potential of $1200 per week, which equates to an impressive $62,400 per annum.

Charming 2bedroom 1 bathroom home

If development isn't your focus, this property remains an excellent choice for owner-occupiers. Located in a desirable part of Maddington, this home backs onto a serene river reserve and offers a cozy living space with proximity to the Canning River. Enjoy the convenience of being close to Maddington Primary School, Maddington Central Shopping Centre, and Maddington Train Station.

Step inside to discover low-maintenance timber-look flooring complemented by a split-system air-conditioning in the welcoming open-plan living, dining, and kitchen area. The practical kitchen features sleek white cabinetry and modern stainless-steel appliances, including an electric hotplate and oven.

Both bedrooms are carpeted for added comfort, with the master bedroom featuring a ceiling fan and built-in wardrobes. The second bedroom is also generously sized and flows to a covered patio, ideal for relaxing or entertaining.

Additional Features:

• Separate laundry with alfresco access
• Separate toilet
• Solar power panels
• Skirting boards
• Games room
• Single carport

The sizable backyard is a key feature, offering ample lawn space and a garden shed.

Approximate Distances:
• Maddington Primary School - 800m
• Maddington Train Station - 1.8km
• Centro Maddington Shopping Centre - 1.2km
• Perth Airport (T1 & T2) - 16.6km
• Perth CBD - 19.0km

Water rates: $822.11 p/a (approx.) (01/07/2023 to 30/06/2024)
Council rates: $1,680 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.