Sold
76/3 Sherwood Street, Maylands WA 6051
Sold price: $220,000
Sold: 04 Jan 2024
Sold
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1 Bedroom
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1 Bathroom
Apartment
View
UNDER OFFER BY STEVE LORRIMAR
**Please note this property is now UNDER OFFER, after receiving multiple offers and there will be no further viewings.**
With nice fresh paint, lovely warm modern timber floors, a spaciously balcony, pleasant views, an updated bathroom and a allocated under cover car bay, this is a great apartment ready for you to move-in or purchase as an extremely affordable rental investment. Being located at the end of the complex this apartment has no common walls either side, giving you the maximum amount of privacy too. It’s hard to believe that there are still such affordable properties available less than 6kms from the city centre! Make sure you check this one out fast, as we don’t think it will last long.
Madison Heights at 3 Sherwood Street Maylands, although originally built in 1971, has been extensively renovated in recent years with renewed lift interiors, walkways and full external painting and landscaping, giving it a lovely modern feel outside and a lush green atrium garden courtyard inside which is very popular with buyers and residents. The complex is very centrally located just 300m or a few minutes walk from Coles supermarket, around 500m to Gibbney Reserve, approximately 1km to the Café Strip & Maylands Train Station and around 5.2kms to Perth City Centre.
Features at a Glance:
• 1 Bedroom 1 Bathroom 1 Balcony 1 Under Cover Carbay
• 42m2 internally + 4m2 balcony + 14m2 carbay = 60m2 Total on strata plan
• Wide 4m2 balcony with pleasant views
• Central location close to shops/river/public transport. Around 300m to the Coles Maylands, around 500m to Gibbney Reserve, approximately 1km to the Café Strip & Maylands Train Station and around 5.2kms to Perth City Centre
• Complex built in 1971 but recently extensively renovated
• Potential rental return of around $360/week (currently vacant, but we manage others in the complex and can help you find a tenant quickly)
• Strata Admin $499/qtr + Reserve $135/qtr = $634/qtr
• Council Rates: $1,657.11 p.a. Water Rates: around $874 p.a.
• Please be aware this complex is likely to be connected to underground power in the next 12 months which will further improve the streetscape. The buyer will be liable to pay for this underground power. We believe City of Bayswater have quoted an underground power fee of $1,740 for this property, due by the 14/06/2024 (this is in addition to normal council rates and levies).
Property snapshot by reiwa.com
This property at 76/3 Sherwood Street, Maylands is a one bedroom, one bathroom apartment sold by Steve Lorrimar at NTY Property Group on 04 Jan 2024.
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
$983k
Median
$750k
Low end
$550k
5.1 %
Annual growth
$750k
Annual median sales price
$650pw
Annual median rental price
