302 Whatley CrescentMaylands WA 6051
Property Details for 302 Whatley Cres, Maylands
Last Listing description (October 2024)
Burgess Rawson are pleased to present to the market for sale via Offers Invited 290 - 304 Whatley Crescent, Maylands. This substantial development site comprises 9 lots sold in one line totalling 5,155sqm of land fronting Whatley Crescent from Ferguson Street to Charles Street. The site would suit a large variety of possible uses with the City of Bayswater currently commencing a scheme review. It is likely that the sites are rezoned to 'Residential R80' enabling developers to construct a multi-level residential complex given the close proximity to both Meltham & Maylands trains stations. Buyers are encouraged to make their own planning enquiries. Features- Huge 5,155sqm site- 'Corner to Corner block'- Multitude of possible uses - Holding income derived from Funeral Home- Outstanding accessibility to public amenity - Rare opportunity to acquire such a significant parcel of land- Minutes to the Perth CBD- Zoned: General Industry'Zoning The properties are zoned 'General Industry' in accordance with the City of Bayswater District Town Planning Scheme No 24. Income Two of the 9 lots are leased to long-standing tenant 'Invocare Australia Pty Ltd' Trading as 'Christian Funerals'The Tenant is in their final 5 year option that commenced on the 18th January 2023 and expires on the 17th January 2028. The current net income is $123,909.48 pa with annual CPI increases. Sales ProcessThe properties are offered in one line via an Offers Invited campaign. For further information please contact the exclusive selling agents Luke Randazzo & Ben Flanagan on 0417 181 309 & 0405 929 167.
Property History for 302 Whatley Cres, Maylands, WA 6051
- 19 Aug 2024Sold for $7,089,710
- 12 Jun 2024Listed for Sale Price on Application
- 20 Jan 1994Sold for $480,000
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0About Maylands 6051
The size of Maylands is approximately 5.0 square kilometres. It has 18 parks covering nearly 30.3% of total area. The population of Maylands in 2016 was 12577 people. By 2021 the population was 13199 showing a population growth of 5.0% 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 2021, 48.70% of the homes in Maylands were owner-occupied compared with 47.90% in 2016.
Maylands has 8,460 properties. Over the last 5 years, Houses in Maylands have seen a 76.89% increase in median value, while Units have seen a 112.63% increase. As at 30 April 2026:
- The median value for Houses in Maylands is $1,261,353 while the median value for Units is $677,657.
- Houses have a median rent of $750 while Units have a median rent of $600.
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