Sold
78/3 Sherwood Street, Maylands WA 6051
Sold price: $199,000
Sold: 30 Jun 2023
Sold
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1 Bedroom
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1 Bathroom
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1 Car
Apartment
View
RIPE FOR RENOVATION
This spacious and well laid out one bed apartment is a blank canvass for your renovating and decorating genius! Just imagine what you can do with it! With a big bedroom with built in robes, a generous bathroom with internal laundry facilities, an open plan living area, a wide 4m2 balcony with nice views and an undercover car bay this has some great features for you to work with. You can pretty it up and put it back on the booming rental market or do a full renovation and make it a luxurious pad close to the city…… the choice is yours.
Madison Heights at 3 Sherwood Street was originally built in 1971 but the complex 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. The complex is ideally 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 of between $250 and $350/week depending on renovation
• Strata Admin $453/qtr + Reserve $137/qtr + Bldg Levy $466/qtr = $1056/qtr
• Council Rates: $1,579.11 p.a. Water Rates: around $900 p.a.
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 78/3 Sherwood Street, Maylands is a one bedroom, one bathroom apartment sold by Steve Lorrimar at NTY Property Group on 30 Jun 2023.
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
$990k
Median
$760k
Low end
$589k
6.5 %
Annual growth
$760k
Annual median sales price
$650pw
Annual median rental price
