53/3 Sherwood Street, Maylands WA 6051

SECOND CHANCE! Be quick! This sold first weekend with multiple offers the first time around and will probably sell very quickly again this second time around.

Located in the ever popular Madison Heights complex with it's huge lush tropical garden atrium this spacious, fully renovated one bedroom apartment could be a great buy for an investor or a future owner occupier. Currently the property comes with a clean, tidy and responsible long term tenant (12 month lease) who has added a funky retro vibe to the interior, and is very likely to keep the property as a hassle free investment for potential investors.

The kitchen has a great open plan layout with extra cupboard space, a dish washer and an upright 4 burner gas stove/oven. There's a lovely view over the surrounding suburbs from the private balcony. The generous bedroom include a very spacious wall to wall mirrored built in robe and split system air conditioning. The fully renovated bathroom/laundry has it's own internal laundry facilities, a tasteful modern tile colour scheme and a full height hinged chrome framed glass shower screen.

The popular Madison Heights complex at 3 Sherwood Street was originally built in 1971 but the complex has been extensively renovated with renewed lift interiors, walkways and full external painting and landscaping, giving it a lovely modern feel outside and a lush green tropical theme atrium garden courtyard on the inside. The complex is ideally located just 300m or a few minutes walk from Coles supermarket, around 500m to Gibbney Reserve, around 1km to The Swan River and Baigup Wetlands, approximately 1km to the Maylands 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 Coles Maylands, around 500m to Gibbney Reserve, around 1km to The Swan River and Baigup Wetlands, approximately 1km to the Café Strip & Maylands Train Station and around 5.2kms to Perth City Centre
• Complex built in 1971 but extensively renovated & maintained
• Currently rented at $450/week on a fixed term lease to 26/05/2026
• Strata Admin $451/qtr + Reserve $122/qtr = $573/qtr Total
• Gas Levy through strata around $45/qtr and Water Levy around $49/qtr
• Council Rates: $1,717 p.a. Water Rates: around $922 p.a.