Suburb and location profile

The site is situated in the Maddington suburb within the City of Gosnells. It is approximately 18km from the Perth City. Maddington contains major residential, retail and industrial sectors, as well as some semi-rural areas within its 11 square kilometre land area. With an eye to the future, Maddington is currently engaged in transit and town-centre oriented development planning to grow the suburb further into a dynamic urban environment with diverse possibilities. The total land area is 928 m2. The property is currently zoned R40 as part of the Central Maddington Outline Development Plan. The site is located on at the corner to Kelvin Road and Westfield Street. It has a wider frontage of 36m along Westfield Street and 17.5m along Kelvin Road.

Surrounding Amenities

  • 800m to the Maddington train station
  • 15 minutes drive to Perth Domestic and International Airports (12km)
  • 10 minutes to Westfield Carousel Shopping Centre (6km)
  • Convenient local shopping amenities
  • Easy access to major highways
  • Close to medical facilities
  • Close to local primary schools, high schools and tertiary education institutions

Target Market

First Home Owner

First home buyers seeking affordable housing

Professional

Young professionals – Singles or couples with no kids or one young child

Retiree

Retirees or downsizers looking to moving into smaller and low maintenance homes

FIFO

Fly-In Fly-Out (FIFO) workers wanting easy access to the airports

Tradesperson

Professionals and tradesperson working in the area such as Armadale Hospital & Forrestdale Business Park

Lifestyle

People wanting the lifestyle the area offers, e.g., easy access to the Hills and National Parks for mountain biking, rowing and other outdoor activities

Development Overview

A unique development to the area featuring 10 two bedroom apartments. The changing dynamic of the suburb and area, combined with affordable apartments designed for modern living, offer investors mid- to long-term value through rental and capital growth.

Apartment Specifications

  • Open plan layouts
  • Reverse-cycle heating / cooling
  • Carpeted bedrooms
  • Stainless steel appliances
  • Stone bench tops
  • Tiled living area and kitchen

Ground Floor Units

  • 5 ground floor apartments (gross floor area 382m2)
  • 2 bedrooms,1 bathroom and a private courtyard (2x1)
  • 30-course ceiling height (~2.6m)
  • Average internal area of 55 - 59 m2
  • Alfresco and generously sized courtyards ranging from 12 - 35 m2
  • Appeal to couples and families with young child; pets; plants; enjoy entertaining in a spacious outdoor setting

First Floor Units

  • 5 first floor apartments (gross floor area 335m2)
  • 2 bedrooms, 1 bathroom and a balcony (2x1)
  • 30-course ceiling height (~2.6m)
  • Average internal area of 55-59 m2
  • Balcony of 10 m2
  • Appeal to couples and families wanting low maintenance homes and greater privacy