Sold
54 River Avenue, Maddington WA 6109
Sold price: $1,300,000
Sold: 20 Feb 2024
Sold
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4 Bedrooms
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2 Bathrooms
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Landsize 6,024m2
House
View
A Golden Opportunity in the Land Down Under!
SECOND CHANCE!!!
FINANCE FELL THROUGH.
Maddington is a lush, green suburb located just 20 minutes from Perth
CBD, 15 minutes to International & Domestic airport and has a great mixture of Commercial, industrial & residential opportunities. If you are thinking about developing property in Maddington, consider that rental yields for houses are currently 5.91%, then this is the purchase for you. Expansive 6025 sqm Property with 37m Frontage.
- Zoned R20 (Subject To Council Approval).
-4-Bed, 2-Bath Home:
- Modern Kitchen & Meals Area
- Spacious Lounge with Bay Window
- Family/Games Room Master Suite with Ensuite & Walk-In Robe
- Three Additional Bedrooms with Built-In Robes
- Two Powered Workshops and Extra Storage
- Ducted Evaporative Air Conditioning
Armed with these stats, looking at this prime development site, situated right beside:
-A Short Drive to Maddington Centro.
- Close to Gosnells Markets.
- Easy Airport Access.
- Just 1600m from the Train Station.
Unlock the potential of this fantastic estate.
CALL ME NOW TO MAKE AN APPOINTMENT AND SECURE THE PROPERTY.
ERFAN HASSANI ON 0403 558 043
Property features
Property snapshot by reiwa.com
This property at 54 River Avenue, Maddington is a four bedroom, two bathroom house sold by Erfan Hassani at Minic Property Group on 20 Feb 2024.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Maddington or see other recently sold properties in Maddington.
Cost breakdown
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Council rates: $1,750 / year
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Water rates: $1,025 / year
Nearby schools
Maddington overview
'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.
Life in Maddington
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.
Maddington quick stats
High end
$660k
Median
$600k
Low end
$546k
39.5 %
Annual growth
$600k
Annual median sales price
$645pw
Annual median rental price
