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Back 506/25 Malata Cres
Off Market

506/25 Malata Cres

Success WA 6164

2
1
1
114 m²
Apartment
Last sold for $425,000
Hadley ShearnHadley Shearn, last sold this property on 07 May 2024 after 5 days on market.

Overview

Stylish, Open Plan and Secure!

This impressive 2 bedroom 1 bathroom apartment is perfectly positioned within a sought-after complex, at the same time occupying an ultra-convenient location that is close to absolutely everything. The development neighbours Cockburn Gateway Shopping City and its stunning new-look dining piazza, with the magnificent Cockburn ARC Aquatic and Recreation Centre (home to the Fremantle Dockers), the Cockburn Central Train and Bus Stations and a host of medical and educational facilities also within a very handy radius. Nothing will be too far away from your front doorstep. Welcoming you inside is an open-plan living, dining and kitchen area with a storage pantry, sleek white cabinetry, quality stone bench tops, microwave nook next to an under-bench oven, range hood, gas cooktop, double sinks with left hand drip tray over a the dishwasher, seamless outdoor access to a large 24m2 covered entertaining alfresco-style space, looking over the Kwinana Freeway off towards the picturesque Perth's escarpment and rolling hills. Both carpeted bedrooms have mirrored built-in wardrobes and are serviced by a large main bathroom with laundry. Residents are also able to access to the common recreation centre, which includes a fully-equipped gym, a shimmering swimming pool, barbecue facilities and a playground for the young ones to let their imaginations run wild on. At ground level, there is one under-cover parking bay, nestled behind a secure automatic carpark access gate. There is also an allocated lock-up storeroom right outside the apartment front door, for your convenience. Additionally, the Cockburn Police Station and Cockburn Central Fire Station are within touching distance and both open 24 hours, whilst a major $1-billion development application has recently been approved for a shopping-centre expansion, commercial and residential developments, a cinema, dining precinct, hotel and more. Now this is a lifestyle that you are destined to fall in love with, very quickly indeed! Other features include, but are not limited to: · Carpet to the living/dining area · Tiled kitchen flooring · Linen and storage cupboards · Split-system air-conditioning to the living space · Sparkling stone bench tops throughout · Skirting boards · Close to excellent schools, with easy access to Coogee Beach and Fremantle also · Property is tenanted till June 2024 following which, vacant possession can be offered or the current Tenant is looking to renew a lease. · Strata Fees: $775 Quarterly - $3,100 Yearly (Approx) · Council Rates: $1,550 Yearly (Approx) · Water Rates: $1,045.16 Yearly (Approx) Property Code: 224

Features

2 bedrooms
1 bathroom
1 carspace
114 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Success over the last 12 months, the estimated median property value of 506/25 Malata Cres is $576k.

Median value
$576k
Estimated value range
$505k - $660k
Median days on market
19
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Success. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 506/25 Malata Cres

2024
Rented
Undisclosed
Leased on 25 Jun 2024 by Shearn Brothers Real Estate
2024
Sold
$425,000
Private Sale/Treaty on 07 May 2024 by Hadley Shearn, of Shearn Brothers Real Estate
2020
Rented
Undisclosed
Leased on 21 Dec 2020 by PRD Project Marketing - WA

Happy sellers in Success

90%
90% of sellers in Success reported that their sale price either exceeded or met their price expectations.

Success stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Success over the last 12 months.

Local market activity for 2 bedroom apartments in Success

In the last 12 months, 20 two-bedroom apartments similar to 506/25 Malata Cres, have been sold.

This represents a 61% increase in two-bedroom apartments sales when compared to the previous 12 months.

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Richard Stacey

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Jill Groves

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