SOLD
Sold on 08 Aug 2024 for $2,450,000

29 Eva Street
Maddington WA 6109

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2802m2
Sold By
Daniel Mackley
Realmark Commercial
Wayne Chorley
Realmark Commercial
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Property Details for 29 Eva St, Maddington

Building Type
Commercial
Land Size
2802m2
Local Government
Gosnells
Lot/Plan
35/D079373

Last Listing description (October 2024)

Realmark Commercial as exclusive agents are pleased to present to the market for sale this workshop with the works.With land area comprising of 2,802 m2 and building area of 1,190m2, this Maddington gem has all the features to assist and compliment your business operations. Being sold as a Going Concern, the current lease is due to expire December 2025 with a rental return of $147,829 p/a plus outgoings. The property provides two gantry cranes, a considerable solar system and washdown bay. This is an incredible opportunity for both the astute investor and owner occupier to capitalize on the lasting shortage of workshops with gantry cranes in Perth.Property highlights:-5t & 3.2t gantry cranes-40kw solar system-Mezzanine area-3 phase power (100 amps into property)-Washdown bay (triple interceptor)-2 separate workshops at rear-Compressed air lines-LED lighting throughout-Proximity to Tonkin Highway-Zoned General IndustryThe property is being sold by Set Date Sale with offers closing on Thursday 25th July at 4:00pm (AWST). For all enquiries, please contact Wayne Chorley on 0423 252 253 or Daniel Mackley on 0484 281 833.

Property History for 29 Eva St, Maddington, WA 6109

A timeline of how this property has performed in the market
Last Sold
$2,450,000
08 Aug 2024
  • 08 Aug 2024
    Sold for $2,450,000
  • 08 Aug 2024
    Sold for $2,450,000
  • 26 Jun 2024
    Listed for Sale Price on Application
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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 60 properties listed for sale, and 8 properties listed for rent in Maddington on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Maddington.

Suburb Insights for Maddington 6109

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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.