FOR SALE
FIXED DATE SALE

10 Russell Road
Madeley WA 6065

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Floor area: 328m2
Land area: 1413m2
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Renovate, Invest or Develop!

Team Rash from The Agency proudly presents a rare and exceptional development opportunity at 10 Russell Road, Madeley. Accessible via Westbury Lane, this property spans 1413 sqm with dual zoning of R20, situated in a vibrant urban community in the Northern suburbs of Perth. Merely a short drive from Perth's stunning beaches, this site offers a unique opportunity for developers to create a noteworthy project in a highly desirable area.
This last remaining infill site in the area is primed for development, with potential to demolish the existing home and subdivide into three street-front lots, subject to council approval. Alternatively, the property can be tailored to accommodate multiple tenants or a single occupant, depending on the investor's strategy.
For those considering a personal touch, the existing brick and tile home offers substantial living space that includes up to six bedrooms, two bathrooms, a study, and additional living areas such as a games room, formal dining area, and a sunken lounge. The open plan kitchen and casual dining area feature expansive sliding doors made of jarrah wood and glass, leading to well-maintained gardens and patios. The master suite includes a spacious bedroom with a walk-in robe and a large spa-bath in the ensuite bathroom.
Located steps away from Madeley Plaza and Madeley Primary School, and in close proximity to Kingsway Shopping Centre, Kingsway Sporting Complex, Acclaim Kingsway Christian College, and Ashdale Senior High School, the property is also only 18 km from Perth CBD. This combination of location, size, and potential makes it an excellent prospect for both developers and families looking to expand or renovate.
Offers are to be presented by the fixed date sale of June 4th, 2024, by 5 pm, with the owners reserving the right to accept an offer prior to the closing date. This property not only offers a significant development opportunity but also stands as a quality-built home that could be modernised to suit a range of needs and preferences.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property Details for 10 Russell Rd, Madeley

10 Russell Rd, Madeley is a 6 bedroom, 2 bathroom House. The property has a land size of 1413m2 and floor size of 328m2. The place is currently for sale with The Agency Perth.

Building Type
House
Floor Size
328m2
Land Size
1413m2

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About Madeley 6065

The size of Madeley is approximately 3.2 square kilometres. It has 12 parks covering nearly 27.8% of total area. The population of Madeley in 2011 was 5,338 people. By 2016 the population was 6,076 showing a population growth of 13.8% in the area during that time. The predominant age group in Madeley is 40-49 years. Households in Madeley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Madeley work in a professional occupation. In 2011, 75.3% of the homes in Madeley were owner-occupied compared with 76.1% in 2016.

Madeley has 2,686 properties. Over the last 5 years, Houses in Madeley have seen a 73.49% increase in median value, while Units have seen a 107.18% increase. As at 31 August 2024:

  • The median value for Houses in Madeley is $895,369 while the median value for Units is $641,059.
  • Houses have a median rent of $700 while Units have a median rent of $610.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Madeley on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Madeley.

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Rash Dhanjal
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Neel Nanwani
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