Entire block of 10 strata titled residential apartments.

Built in 2019.

To be sold as one package. All fully leased with rental schedule provided.

This rare find offers a brilliant opportunity for superannuation funds, multiple family ownership or multiple company ownership, due to the uniqueness of 10 individual titles.

Owning complete blocks of apartments like this is such a desirable property investment module for many investors.

With a current income of approx $124,800 pa, this block of apartments offers future options.
1. Keep development and rent out. Rents on the rise.
2. When wanting to sell in the future, sell individually or as one parcel.

Development Overview
The Overall Building consists of an L-shaped 2 storey building with the units facing externally. Vehicle access to the apartment will be via Westfield Street with the carports and a security gate behind the building. There is a pedestrian access from Kelvin Road to allow easier access to the train station and shops. Communal facilities include open seating area, bicycle stands and three visitor car parking lots. All storerooms are located near the carport.

The company that owns the development is transferable to a new Buyer to save some costs.

Each 2 bedroom x 1 bath unit (2×1) features high quality specifications to provide comfortable living including:
Spacious open plan living filled with natural lighting
High ceilings at 30C
Fujitsu split system reverse cycle air conditioning
Bosch stainless steel kitchen appliances and dishwashers
Stone bench tops
Tiles, timber and carpet flooring

The 5x ground floor units have their own private courtyards with secured private street access while the remaining upper floor units have balconies with natural lighting and has less maintenance needs.

Suburb and Location
Located in the City of Gosnells, Maddington is approximately 18km from the Perth City and a real melting pot of a dynamic urban environment with residential, retail, industrial sectors as well as some semi-rural areas.

Close to City of Gosnells proposed ‘MADDINGTON KENWICK STRATEGIC EMPLOYMENT AREA’

Surrounding Area
The development has good access to transport, shopping, schools, parks and medical centres, including:
800m to the Maddington train station
Easy access to major highways including Roe and Tonkin Highway
15 minute drive to Perth Domestic and International Airports (12km)
10 minute drive to Westfield Carousel Shopping Centre (6km)
Convenient local shopping amenities including Centro Maddington, Maddington Square Shopping Centre and Maddington Village Shopping Centre
Easy access to major medical facilities including Bentley Hospital (9.3km), Armadale Health Service (12.8m) and Fiona Stanley Hospital (19km)
Numerous primary schools in the area, including Bramfield Park Primary School, Maddington Primary School and East Maddington Primary School
Several high schools within walking distance including Yule Brook College and St Francis School 20 minute drive to tertiary education institutions including South Metropolitan TAFE Armadale Campus, Curtin University and Murdoch University.

For more information please contact Dahlia Rechichi 0418 920 742 or John Rechichi 0418 948 714