FOR SALE
EXPRESS SALE

1943 Albany Highway
Maddington WA 6109

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1320m2
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PRIME LOCATION, DEVELOPMENT POTENTIAL

Introducing 1943 Albany Highway, Maddington—a prime development opportunity that promises an array of possibilities for savvy investors and developers alike. Boasting a generous 1,320 sqm parcel of land, this property commands attention with its strategic main road frontage, positioning it as a focal point at the gateway to the Maddington CBD and nestled within the Central Maddington Structure Plan.
This is an exceptionally rare offering. Presently governed by Town Planning Scheme 6 (TPS6) within the City of Gosnells, it holds a Residential Development zoning (STCA), laying the groundwork for immediate residential undertakings. However, a thrilling transformation awaits with the forthcoming Local Planning Scheme (LPS24, anticipated for late 2024 approval), propelling the property into the sphere of Service Commercial zoning. This transition unlocks a new realm of development possibilities (STCA), elevating the property's potential for development even further.
Under LPS24, the prime future potential could lend itself for use as a possible childcare centre, capitalising on its strategic location immediately next door to Maddington Primary School. Imagine the convenience for parents, the synergy with the school, and the opportunity to cater to the growing demand for childcare services in the area. However, it's crucial to note that any development plans are subject to Council and Planning approval.
Whether you're inclined to explore residential development opportunities now or opt to secure this gem for future commercial pursuits, this is a rare chance to seize a slice of Maddington's evolving landscape. Don't miss out on the chance to shape the future of this dynamic location—enquire today and unlock the potential of 1943 Albany Highway, Maddington.
Key features include:
* 1,320 sqm block with prime Albany Highway Frontage
* Currently zoned Residential Development under TPS6
* Zoning will change to Service Commercial under the future LPS24
* Next door to Maddington Primary School
* Possible use as childcare centre under LPS24 (STCA)
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Property Details for 1943 Albany Hwy, Maddington

1943 Albany Hwy, Maddington is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1320m2. The place is currently for sale with CENTURY 21 Team Brockhurst.

Building Type
House
Land Size
1320m2

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About Maddington 6109

The size of Maddington is approximately 10.8 square kilometres. It has 29 parks covering nearly 8.9% of total area. The population of Maddington in 2011 was 9,986 people. By 2016 the population was 11,359 showing a population growth of 13.7% in the area during that time. The predominant age group in Maddington is 30-39 years. Households in Maddington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maddington work in a trades occupation. In 2011, 70% of the homes in Maddington were owner-occupied compared with 68% in 2016.

Maddington has 6,602 properties.

    There are currently 53 properties listed for sale, and 18 properties listed for rent in Maddington on OnTheHouse. According to CoreLogic's data, 329 properties were sold in the past 12 months in Maddington.

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