FOR SALE
Offers over $3 million

Crawford Road
Maylands WA 6051

Bedrooms: 12
Bathrooms: 6
Car spaces: 8
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Money Making Block of 6 plus 4 Apartments

Rare value add complex of six already strata titled two-bedroom apartments, presents a wealth of money-making possibilities for your next investment venture. Maintain the existing structure or embark on a transformative redevelopment on this prime 1,019 sqm property with the ability to build four more apartments. This hard-to-find gem suits prudent investors and developers alike.
Currently generating a robust income exceeding $130,000 per annum, the complex offers a blend of strong cash flow, significant development or refurbishment potential, and the promise of substantial capital growth. This property represents a unique opportunity to add true value. With great inland views available from the property and perched on the border of Inglewood, this is a prime opportunity for you to make money!!
Each apartment is an average size of 55 sqm, complemented by, undercover parking for all units. The complex itself is primed for a modern upgrade, presenting an excellent opportunity for enhancement, and increasing immediate returns or possible Airbnb.
As the new owner of 133 Crawford Road, you will be afforded a diverse range of options. Whether you choose to maximise the extremely viable option of the existing structure, pursue a completely new redevelopment, or explore the possibility of adding four additional units to the site (subject to Council approval), the flexibility of this property is unparalleled! With six established strata titles and a wealth of upgrade, redevelopment, strata titling, and value add possibilities, this is an exceptional and rare opportunity not to be overlooked.
Disclaimer: All particulars, photographs, videos, plans and information provided on this website are for general informational purposes only and do not constitute any representation or warranty by the vendor or agent. While every effort has been made to ensure the accuracy, completeness, and currency of the information presented, these are a collection of views and thoughts only. It is not intended to be legal, financial, or real estate advice in any shape or form. Users are strongly encouraged at all times to conduct their own due diligence and seek independent professional advice tailored to their individual circumstances before making any legal, financial, or property-related decisions.

Property Details for 1-6/133 Crawford Rd, Maylands

1-6/133 Crawford Rd, Maylands is a 12 bedroom, 6 bathroom Apartment with 8 parking spaces. The place is currently for sale with Mark Hay Realty Group.

Building Type
Apartment

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About Maylands 6051

The size of Maylands is approximately 5 square kilometres. It has 18 parks covering nearly 30.3% of total area. The population of Maylands in 2011 was 12,353 people. By 2016 the population was 12,577 showing a population growth of 1.8% in the area during that time. The predominant age group in Maylands is 30-39 years. Households in Maylands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maylands work in a professional occupation. In 2011, 45.8% of the homes in Maylands were owner-occupied compared with 47.9% in 2016.

Maylands has 8,406 properties. Over the last 5 years, Houses in Maylands have seen a 72.14% increase in median value, while Units have seen a 84.26% increase. As at 31 October 2024:

  • The median value for Houses in Maylands is $970,041 while the median value for Units is $494,274.
  • Houses have a median rent of $760 while Units have a median rent of $510.
There are currently 73 properties listed for sale, and 12 properties listed for rent in Maylands on OnTheHouse. According to CoreLogic's data, 522 properties were sold in the past 12 months in Maylands.

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Mark Hay
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