Sold
1-6/133 Crawford Road, Maylands WA 6051
Sold price: $2,635,000
Sold: 04 Apr 2025
Sold
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12 Bedrooms
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6 Bathrooms
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8 Cars
Apartment
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Money Making Block of 6
Rare value add complex of six already strata titled two-bedroom apartments, presents a wealth of money-making possibilities for your next investment venture. Maintain the existing structure or embark on a transformative redevelopment on this prime 1,019 sqm property with the ability to build four more apartments. This hard-to-find gem suits prudent investors and developers alike.
Currently generating a robust income exceeding $130,000 per annum, the complex offers a blend of strong cash flow, significant development or refurbishment potential, and the promise of substantial capital growth. This property represents a unique opportunity to add true value. With great inland views available from the property and perched on the border of Inglewood, this is a prime opportunity for you to make money!!
Each apartment is an average size of 55 sqm, complemented by, undercover parking for all units. The complex itself is primed for a modern upgrade, presenting an excellent opportunity for enhancement, and increasing immediate returns or possible Airbnb.
As the new owner of 133 Crawford Road, you will be afforded a diverse range of options. Whether you choose to maximise the extremely viable option of the existing structure, pursue a completely new redevelopment, or explore the possibility of adding four additional units to the site (subject to Council approval), the flexibility of this property is unparalleled! With six established strata titles and a wealth of upgrade, redevelopment, strata titling, and value add possibilities, this is an exceptional and rare opportunity not to be overlooked.
Disclaimer: All particulars, photographs, videos, plans and information provided on this website are for general informational purposes only and do not constitute any representation or warranty by the vendor or agent. While every effort has been made to ensure the accuracy, completeness, and currency of the information presented, these are a collection of views and thoughts only. It is not intended to be legal, financial, or real estate advice in any shape or form. Users are strongly encouraged at all times to conduct their own due diligence and seek independent professional advice tailored to their individual circumstances before making any legal, financial, or property-related decisions.
Property features
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Carports
8
Property snapshot by reiwa.com
This property at 1-6/133 Crawford Road, Maylands is a twelve bedroom, six bathroom apartment sold by Mark Hay at Mark Hay Realty Group on 04 Apr 2025.
Looking to buy a similar property in the area? View other twelve bedroom properties for sale in Maylands or see other recently sold properties in Maylands.
Cost breakdown
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Council rates: $10,506 / year
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Water rates: $6,018 / year
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
$1.4m
Median
$1.0m
Low end
$850k
20.2%
Annual growth
$1.0m
Annual median sales price
$725pw
Annual median rental price
