12 Coachwood Way

Maddington WA 6109

House

Currently for sale - view listing

Overview

UNDER OFFER WITH MULTIPLE OFFERS (16 OFFERS RECEIVED)

Positioned on a substantial 737sqm block with sought-after R30 zoning, 12 Coachwood Way presents an increasingly rare opportunity to secure a property with genuine duplex development potential (STCA) in one of Maddington's most accessible locations. Whether you're a developer, investor, builder, or savvy buyer looking to landbank for the future, this is a property that offers multiple exit strategies and value-add opportunities. With a wide 20.12m frontage and flat rectangular block, the site is ideally suited for future duplex development (STCA). The opportunity doesn't stop there. Subject to the necessary approvals and modifications to the existing dwelling, there is potential to retain the current home and build at the rear, creating a highly desirable retain-and-build project. Opportunities offering both duplex development potential and retain-and-build possibilities are becoming increasingly difficult to find. Solid double brick & Tile construction and benefiting from internal upgrades over the years, the existing home features an updated kitchen and bathroom while retaining its solid original construction. This is more than just a property purchase - it's a double opportunity to secure one today while unlocking tomorrow's development potential for two. Please note: The photographs used in this advertisement are previous images and may not reflect the property's current condition or presentation. Features include: • 737sqm flat rectangular block • R30 zoning with duplex development potential (STCA) • Wide 20.12m frontage • Potential retain-and-build opportunity with modifications to the existing home (STCA) • 3-bedroom, 1-bathroom home • Updated kitchen and renovated bathroom • Currently tenanted with immediate rental return • Multiple development and value-add possibilities • Ideal investment, development, or landbank opportunity • Excellent location close to schools, shopping and transport links Conveniently located close to Maddington Village Shopping Centre, East Maddington Primary School and with easy access to Albany Highway and Tonkin Highway, the property combines outstanding convenience with future upside. Google Distances • East Maddington Primary School - 450m • Maddington Village Shopping Centre - 650m • Maddington Train Station - 2.9km • Maddington Central Shopping Centre - 3.3km • Perth Airport - 17.2km • Perth CBD - 20km Properties offering this combination of zoning, frontage, block size and development flexibility are tightly held and increasingly hard to secure. Call Raveen & Team Spicy - your proven Maddington market leaders for over 20 years. Opportunities like this don't wait, and neither should you. Water rates: $1,095.78 p/a Total for 2024-2025 financial year (approx.) Council rates: $1,790 p/a Total for 2025-2026 financial year (approx.) Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.