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Sold on 19 Sep 2024 for $805,000

1943 Albany Highway
Maddington WA 6109

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1320m2
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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. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Maddington in the last 12 months.

Building Type
House
Land Size
1320m2
Local Government
Gosnells
Lot/Plan
1/D013049

Last Listing description (September 2024)

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)
* Convenient access to railway currently undergoing significant upgrade
* Easy links to Roe and Tonkin Highways
* Surrounded by established residential and commercial property
* Positioned within the Central Maddington Structure Plan
* Current home being sold AS IS
* Double garage

For more information and inspection times contact:
Agent: Josh Brockhurst
Mobile: 0410 490 198

PROPERTY INFORMATION
Council Rates: $397.50 per qtr
Water Rates: $212.46 per qtr
Block Size: 1,320 sqm
Zoning: Contact City of Gosnells
Build Year: 1936 approx
Dwelling Type: House
Floor Plan: Not Available

*Any reference to development potential is subject to planning and approval by relevant authorities. Potential Buyers are encouraged to make their own enquiries in relation to any intended plans for future development of this site. Our latest updated from the City of Gosnells has advised LPS 24 is due for approval in 2024, however this a guide only.

INFORMATION DISCLAIMER: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Century 21 Team Brockhurst provides this information without any express or implied warranty as to its accuracy or currency.


Property History for 1943 Albany Hwy, Maddington, WA 6109

A timeline of how this property has performed in the market
Last Sold
$805,000
19 Sep 2024
  • 19 Sep 2024
    Listed for Sale Not Disclosed
  • 19 Sep 2024
    Sold for $805,000
  • 10 May 2024
    Listed for Sale EXPRESS SALE
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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 6,634 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.
There are currently 66 properties listed for sale, and 7 properties listed for rent in Maddington on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Maddington.

Suburb Insights for Maddington 6109

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Contact agent
Josh Brockhurst
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CENTURY 21 Team Brockhurst
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.