95 Maddington RoadMaddington WA 6109
Property Details for 95 Maddington Rd, Maddington
Last Listing description (April 2022)
Ray White Commercial (WA) is pleased to present 95 Maddington Road, Maddington to the Market for Sale as a rare opportunity to secure a unique leased investment.Located 18km from the Perth CBD strategically positioned on the corner of Kelvin & Maddington Road, this property is home to two tenancies which provide good value for any landlord. The main tenant has been trading on the property for over 20 years and because of the nature of their business, they are likely to be staying there for much longer. The other tenancy has been operating in the property for 2 years but is a stable business with a 6 year history in the area.Property Details:- Land Area 2,409sqm* - Green Title Lot- Building Area 650sqm*- Frontage: 85m*- Corner Position- Two crossovers- Two buildingsLease Details:Tenancy 1 (Hetherington Funerals)Rent: $53,907pa + Outgoings + GSTTerm: 3 YearsOptions: 3 YearsCommencement Date: 1st March 2021Tenancy 2 (Super Crystal Car Wash)Rent: $16,149.96pa + Outgoings + GSTTerm: 2 YearsOptions: 3 YearsCommencement Date: 1st June 2021For a copy of the Information memorandum and to book an inspection please contact the Agents: Josh SumnerRay White Commercial (WA)M: 0488 221 331E: josh.sumner@raywhite.comEnrique ReyesRay White Commercial (WA)M: 0421 888 688E: enrique.reyes@raywhite.com* approximate
Property History for 95 Maddington Rd, Maddington, WA 6109
- 21 Mar 2022Sold for $1,300,000
- 10 Mar 2022Listed for Sale Expressions of Interest Closing 29th April 2022
- 15 Nov 1993Sold for $85,000
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0About Maddington 6109
The size of Maddington is approximately 10.8 square kilometres. There are 29 parks, covering nearly 8.9% of the total area. The population of Maddington in 2016 was 11371 people. By 2021 the population was 12419 showing a population growth of 9.2% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Maddington work in a trades occupation.In 2021, 67.60% of the homes in Maddington were owner-occupied compared with 68.00% in 2016.
Maddington has 6,758 properties. Over the last 5 years, Houses in Maddington have seen a 120.59% increase in median value, while Units have seen a 145.79% increase. As at 31 August 2026:
- The median value for Houses in Maddington is $798,126 while the median value for Units is $584,856.
- Houses have a median rent of $680 while Units have a median rent of $650.
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