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52A River Avenue, Maddington WA 6109

Sold price: $570,000 Sold: 09 Oct 2024
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 1 Car
Duplex
52A River Avenue, Maddington WA 6109

Prime Development Opportunity: Subdivide into 4 Units or Enjoy a Charming 3-Bed, 1-Bath Home in a Fantastic Location!!!

Unlock Potential with Dual Duplexes on a 2981m² Block!!!

Privately positioned at the rear, this charming 3-bedroom, 1-bathroom duplex half offers exciting potential. By acquiring the adjacent 2-bedroom, 1-bathroom duplex at 52B River Avenue, you can combine both properties to create a substantial 2981m² block. This larger parcel presents the opportunity to subdivide into four units while retaining the existing duplexes at the front of the site.

Rental Potential:
• 52A River Avenue: $600 per week
• 52B River Avenue: $600 per week

Together, these properties offer a combined rental potential of $1200 per week, which equates to an impressive $62,400 per annum.

Charming 3bedroom 1 bathroom home

If development isn't your focus, this property still represents an excellent opportunity for owner-occupiers. With a large parcel of land in a desirable part of Maddington, it provides a fantastic living space with the added benefit of backing onto a serene river reserve. Enjoy the proximity to the Canning River and the convenience of local amenities, including Maddington Primary School, Maddington Central Shopping Centre, and Maddington Train Station.

Step inside to discover low-maintenance timber-look flooring complemented by a ceiling fan and split-system air-conditioning in the spacious open-plan living, dining, and kitchen area. The stylish kitchen features sleek white cabinetry and modern stainless-steel appliances, including an electric hotplate and oven.

The floor plan includes a large, carpeted lounge or family room, enhancing the home's functionality. All bedrooms are carpeted for comfort, with the master bedroom featuring a ceiling fan and full-height mirrored built-in wardrobes. The generously sized third bedroom boasts a walk-in robe and flows seamlessly to a covered patio, ideal for entertaining.

Additional Features:

• Expansive walk-in linen cupboard/storeroom adjacent to the second lounge
• Separate laundry with alfresco access
• Separate toilet
• Solar power panels
• Skirting boards
• Security doors and screens
• Single carport

The enormous backyard is a standout feature, offering ample lawn space and a garden shed. There's also plenty of room to add a swimming pool or workshop. Inside, the modern bathroom includes a walk-in rain shower and a powder vanity.

Approximate Distances:

• Maddington Primary School - 800m
• Maddington Train Station - 1.8km
• Centro Maddington Shopping Centre - 1.2km
• Perth Airport (T1 & T2) - 16.6km
• Perth CBD - 19.0km

Water rates: $840.49 p/a (approx.) (01/07/2023 to 30/06/2024)
Council rates: $1,680 p/a (approx.)

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 52A River Avenue, Maddington is a three bedroom, one bathroom duplex sold by Raveen Liyanage and Darren Khose at Porter Matthews Metro on 09 Oct 2024.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Maddington or see other recently sold properties in Maddington.

Cost breakdown

  • Council rates: $1,680 / year
  • Water rates: $840 / year

Nearby schools

0.5km
Maddington Primary School
  • Primary
  • Government
1.5km
St Francis' School
  • Secondary
  • Non-government
Disclaimer

Maddington overview

'Diversity' best describes the southeast suburb of Maddington. Located 18 kilometres from Perth, Maddington contains major residential, retail and industrial sectors, as well as some semi-rural areas within its 11 square kilometre land area. Maddington's development began in the 1970s, with population growth occurring in the early 1990s and recently between 2006 and 2011 when new homes were added to the area.

Life in Maddington

Removed from the hectic nature of city living, but retaining the facilities that make city living appealing, Maddington is a suburb spoilt with opportunity. Currently, there are two shopping centres in the area, Maddington Central and Maddington Village Shopping Centre, as well as two community centres, a skate park, oval, parklands and playground. There are numerous primary schools in the area, including Maddington Primary School and East Maddington Primary School, as well as a local high school, Yule Brook College. 

Maddington quick stats

High end $735k
Median $657k
Low end $590k
9.1%
Annual growth
$657k
Annual median sales price
$650pw
Annual median rental price

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FAQ's

The median house price in Maddington is $656,500, the median unit price is $535,000.

52A River Avenue, Maddington sold on 9/10/2024 for $570,000.
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