17 Carole RoadMaddington WA 6109
Property Details for 17 Carole Rd, Maddington
Last Listing description (October 2024)
RWC WA is pleased to present 17 Carole Road, Maddington for sale as a leased investment. The property provides a fantastic opportunity for investors to purchase 750sqm* of building on a 1,907sqm* parcel of land in the heart of Maddington.The property comprises an approximate 750sqm* office/warehouse constructed on reinforced concrete floors, metal cladding elevations and a metal deck roof with intermittent translucent sheeting which provides an good amount of natural lighting. External to the warehouse is approximately 260sqm* of canopy and rear yard space perfect for additional undercover storage and lay down areas. The property is currently tenanted by Elwood Timber Floor Pty Ltd who have a lease in place until 28 Feb 2027 with a further option to renew for five years. The current rental is $86,391.21pa plus GST and outgoings.We note that the adjoining property at 15 Carole Road has also been listed for sale which is being offered to the market with vacant possession. Please contact the agent to discuss further should you have interest in this adjoining property also.Key features for 17 Carole Road include:- 1,907sqm* fenced and secure sites- 750sqm* office/warehouse- 260sqm* canopy- Current rental of $86,391.21pa netFor further information or to arrange an inspection please contact: Chris MatthewsRWC WAM: 0413 359 315E: chris.matthews@raywhite.comLiam PittawayRWC WAM: 0439 555 439E: liam.pittaway@raywhite.com*approximate
Property History for 17 Carole Rd, Maddington, WA 6109
- 18 Jul 2024Sold for $1,400,000
- 20 Jun 2024Listed for Sale UNDER OFFER
- 29 Apr 2022Sold for $1,250,000
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0About 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 6,634 properties. Over the last 5 years, Houses in Maddington have seen a 129.73% increase in median value, while Units have seen a 99.65% increase. As at 31 October 2024:
- The median value for Houses in Maddington is $647,486 while the median value for Units is $447,380.
- Houses have a median rent of $600 while Units have a median rent of $530.
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