Welcome to this classic brick and tile three-bedroom, one-bathroom home built in 1969. This home is placed on a massive 960 square metre block which is currently zoned R17.5. A generous floorspace of approximately 118 square metres plays host to a wide range of features including large front facing windows, long driveway for multiple car parking with full access to the rear, split cycle air-conditioning unit, spacious rooms, large rear undercover area, and a centrally located kitchen. The property has had some renovation projects commenced which include new cabinets and benchtops in the kitchen/living area, and new tiling in the bathroom, toilet and laundry. The home is currently vacant and with a few finishing touches will be ready to be moved into immediately or rented out at approximately $400 per week. Don't miss out on this home!
Property Highlights Include:
- Massive 960 square metre lot currently zoned at R17.5
- Proposed zoning change with the council at R20!
- Three-bedroom, one-bathroom home
- Split-cycle air-conditioning unit
- Approximately 118 square metres of floor space
- Market rent of approximately $400 per week
- Large windows for main living spaces
- Huge backyard
- Rear undercover area
Investor Summary:
- Currently vacant
- Market Rent for 24 Adisham Road, Maddington is $400 per week
- Given a purchase price of $369,000 this property results in a 5.65% gross annual rental yield.
- HouseSmart is highly active in Maddington and surrounds and can provide high quality leasing and Property Management services throughout the course of sale and beyond Settlement.
Drive up to the front of this home and park on the long driveway (space for multiple cars!) which provides easy drive-through access to the backyard. Walk up the concrete porch towards the interior of the home. Stepping inside you will walk across timber floorboards that flow throughout the whole home - with a polish these will be a standout feature! Be welcomed into a large living space extending to your left with brand new cabinetry ready to be installed here or in the kitchen, with a massive street facing window drawing natural light into the space. The wall features a split cycle air conditioner and there's a little wall cut-out that connects the living and kitchen areas.
The kitchen area features plenty of cupboard space, a free-standing electric oven, flow through access to the laundry (brand new floor tiling), a large window above the sink, and easy to clean floors. Above the oven is a dedicated exhaust fan in the ceiling, and there are plenty of powerpoints for your appliances. This space opens up completely to the rear patio area, with a door right next to the kitchen.
The master bedroom is great in size and features timber floorboards, with a massive window facing the street. This is a comfortable room, ready for you to make your own! Secondary bedrooms are also decently sized! The bathroom has stylish brand new white coloured tiling a separate bath and shower, and an isolated sink setup with mirrors on the top that can help your morning routine. Keep as is here or replace with a new vanity and rainfall showerhead to make this space feel super-sleek and modern!
Walk out into the backyard and admire the enormous amount of space which presents a range of options. The patio is semi-enclosed - perfect for keeping light and airy or for transforming into more of your own living space, or more bedrooms! Beyond the concrete pavers is a massive amount of green grass... perfect for sports, activities, relaxing... you name it!
The lot size here is 960 square metres, and is zoned R17.5. The area has proposed R20 zoning according to the City of Gosnells Local Planning Scheme 24. If approved, then it is likely that this block would be R20 and would have subdivision potential. An excellent land-holding possibility for the future! Check in with the City of Gosnells for more information here.
This home is located nearby East Maddington Primary School and a short walk to Maddington Village Shopping Centre, as well as shops along Albany Highway. There are a range of parks and local community attractions including Aldington Reserve, Maddington Skate Park and Penn Street Reserve. Commuting is simple with buses readily available along Albany Highway, and trains available at the closeby Maddington Train Station.
Don't miss out on this home with so much potential!
Market Rent: $400 per week
Council Rates: Approximately $1600 per year
Strata Levies: N/A
Water Rates: Approximately $993.04 per year
View more
View more
