Sold
6/119 Ninth Avenue, Maylands WA 6051
Sold price: $125,000
Sold: 24 May 2020
Sold
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1 Bedroom
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1 Bathroom
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1 Car
Unit
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Money Box - Small Group
Fantastic opportunity to purchase this street front, one bedroom, apartment on the ground floor of this boutique group of 14 units. Upgraded kitchen and bathroom, under cover parking available near your door and a caretaker onsite. This is a community minded building with a very nice and safe feel.
Located on the Inglewood border, this apartment is walking distance to Inglewood's burgeoning Beaufort Street cafe strip (Woolworths super store soon to come) and Mayland's sought after and trendy Eighth Ave precinct near the train station.
Perfect for astute investors wanting around 5.4% NET return, as this property will rent at about $215 per week or first home owners will love the low cost lock and leave lifestyle.
Contact agent for floor plan and strata information.
(5.4% net return assumes $215 per week rent and includes costs of strata, rates and water corp service charges at a purchase price of $125,000)
Property Code: 929
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 6/119 Ninth Avenue, Maylands is a one bedroom, one bathroom unit sold by James Yeoman at Key Performance Real Estate on 24 May 2020.
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
$1.1m
Median
$843k
Low end
$650k
17.0 %
Annual growth
$843k
Annual median sales price
$695pw
Annual median rental price
