Reiwa Reiwa
1-6/133 Crawford Road, Maylands WA 6051

1-6/133 Crawford Road, Maylands WA 6051

Listed price: Under Offer
Sold
Sold: 16 May 2025

12 Bedrooms

6 Bathrooms

8 Cars

Apartment

Contact the agent

Mark Hay

0418953742

Mark Hay Realty Group


Money Making Block of 6

Rare value add complex of six already strata titled two-bedroom apartments, presents a wealth of money-making possibilities for your next investment venture. Maintain the existing structure or embark on a transformative redevelopment on this prime 1,019 sqm property with the ability to build four more apartments. This hard-to-find gem suits prudent investors and developers alike.

Currently generating a robust income exceeding $130,000 per annum, the complex offers a blend of strong cash flow, significant development or refurbishment potential, and the promise of substantial capital growth. This property represents a unique opportunity to add true value. With great inland views available from the property and perched on the border of Inglewood, this is a prime opportunity for you to make money!!

Each apartment is an average size of 55 sqm, complemented by, undercover parking for all units. The complex itself is primed for a modern upgrade, presenting an excellent opportunity for enhancement, and increasing immediate returns or possible Airbnb.

As the new owner of 133 Crawford Road, you will be afforded a diverse range of options. Whether you choose to maximise the extremely viable option of the existing structure, pursue a completely new redevelopment, or explore the possibility of adding four additional units to the site (subject to Council approval), the flexibility of this property is unparalleled! With six established strata titles and a wealth of upgrade, redevelopment, strata titling, and value add possibilities, this is an exceptional and rare opportunity not to be overlooked.


Disclaimer: All particulars, photographs, videos, plans and information provided on this website are for general informational purposes only and do not constitute any representation or warranty by the vendor or agent. While every effort has been made to ensure the accuracy, completeness, and currency of the information presented, these are a collection of views and thoughts only. It is not intended to be legal, financial, or real estate advice in any shape or form. Users are strongly encouraged at all times to conduct their own due diligence and seek independent professional advice tailored to their individual circumstances before making any legal, financial, or property-related decisions.

Property features

  • Carports 8

Cost breakdown

  • Council rates: $10,506 / year
  • Water rates: $6,018 / year

Nearby schools

Inglewood Primary School Primary Government 0.8km
St Peter's Primary School Primary Non-government 1.3km
Chisholm Catholic College Secondary Non-government 1.4km
Mount Lawley Primary School Primary Government 1.6km
Maylands Peninsula Primary School Primary Government 1.7km
Hillcrest Primary School Primary Government 1.7km
St Columba's School Primary Non-government 1.7km
Bayswater Primary School Primary Government 1.8km
Perth College Combined Non-government 1.9km
Mount Lawley Senior High School Secondary Government 2.1km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4864999