78/3 Sherwood Street, Maylands WA 6051

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.