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UNDER CONTRACT WITH TEAM RIVER RESIDENTIAL
This big 3 bedroom home is strategically pushed forward leaving over 400sqm (approx) in the rear with over 4 meters of laneway down the right hand side of the residence. Currently zoned R17.5 and up for zoning changes in the future you will have options to retain and build (with relevant approvals) and meanwhile continue renting the original dwelling (current market rate $680 per week)
Solid double brick and tile construction with two whopping sleep outs, increasing the living spaces to an open plan feel letting in natural light. With long term quality tenants in place you will have rental income set in place at settlement date.
Key Features:
- Four Spacious Bedrooms: Comfortable and inviting, perfect for restful nights.
- Multiple Living Areas: Enjoy the flexibility of various living spaces, perfect for family time or hosting guests.
- Kitchen featuring 5 x burner stainless steel gas hot plate & electric oven
- Reverse cycle split air-conditioning
- Large Sleep Outs: Built to both front and back - Additional space that can be transformed into a guest room, home office, or play area for the kids.
- Expansive Backyard: A huge backyard perfect for kids to play, gardening enthusiasts, or outdoor gatherings with friends and family.
- Secure Parking: Ample parking space to accommodate multiple vehicles, ensuring convenience and peace of mind.
- Currently tenanted at $550 per week to long term tenants with a rent review due in October 2025
- Zoned R17.5
With options to develop it in the future, invest and watch it grow or move in once the lease expires in October, the choices are yours.
Contact us today to schedule your viewing!
Disclaimer: The information in this advertisement has been provided by reliable external sources. We do not accept any responsibility to any person for its accuracy. All interested parties should undertake their own due diligence in order to determine the accuracy of this information.
Property features
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Carports
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Property snapshot by reiwa.com
This property at 49 Stead Street, Maddington is a four bedroom, one bathroom house sold by Liesa Leddick at Century 21 River Residential on 11 Jun 2025.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Maddington or see other recently sold properties in Maddington.
Cost breakdown
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Council rates: $1,700 / year
Nearby schools
Maddington overview
'Diversity' best describes the southeast suburb of Maddington. Located 18 kilometres from Perth, Maddington contains major residential, retail and industrial sectors, as well as some semi-rural areas within its 11 square kilometre land area. Maddington's development began in the 1970s, with population growth occurring in the early 1990s and recently between 2006 and 2011 when new homes were added to the area.
Life in Maddington
Removed from the hectic nature of city living, but retaining the facilities that make city living appealing, Maddington is a suburb spoilt with opportunity. Currently, there are two shopping centres in the area, Maddington Central and Maddington Village Shopping Centre, as well as two community centres, a skate park, oval, parklands and playground. There are numerous primary schools in the area, including Maddington Primary School and East Maddington Primary School, as well as a local high school, Yule Brook College.
Maddington quick stats
High end
$680k
Median
$615k
Low end
$565k
9.8 %
Annual growth
$615k
Annual median sales price
$650pw
Annual median rental price
