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.