74/3 Sherwood Street, Maylands, WA 6051

from $359,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings
60 m²
Area

Published on Friday, June 26, 2026 ( See property details for 74/3 Sherwood Street, Maylands, WA 6051)

from $359,000

Steve Lorrimar Licensee/Director - NTY Property Group
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated one-bedroom apartment in the sought-after Madison Heights complex, offering stunning views, modern amenities, and a prime Maylands location.

🏡 Property Highlights

  • Prime location just minutes from Perth City Centre and local amenities
  • Extensively renovated complex with lush tropical garden atrium
  • Spacious one-bedroom apartment with generous balcony and stunning hills views
  • Open plan kitchen with extra cupboard space and gas stove
  • Close to parks, river, and wetlands for outdoor activities
  • Potential rental income of approximately $490 per week

✨ Key Features

  • Balcony
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Internal Laundry
  • Pet-Friendly
  • Fly Screens
  • NBN / High-Speed Ready

Maylands is a vibrant suburb renowned for its lively café strip, scenic river and wetlands, and excellent public transport links. It offers a perfect blend of urban convenience and outdoor lifestyle, with easy access to Perth City. The area features a mix of modern apartments and historic homes, making it ideal for first-time buyers and downsizers alike. Local parks, shopping precincts, and recreational facilities contribute to a highly desirable community atmosphere.

What are the main lifestyle benefits of living in Madison Heights, Maylands?
Living in Madison Heights offers residents easy access to parks, the Swan River, vibrant cafes, and excellent public transport options, providing a balanced urban lifestyle with outdoor recreational opportunities.
Is the apartment suitable for first-time buyers or downsizers?
Yes, the spacious layout, modern renovations, and convenient location make this apartment ideal for both first-time buyers and those looking to downsize.
What amenities are included within the complex?
The complex features lush tropical gardens, a modern lift, landscaped walkways, and secure parking, creating a comfortable and secure living environment.
Are there any recent renovations or upgrades?
Yes, the complex has been extensively renovated, including the lift interior, external painting, landscaping, and the apartment itself has been partially renovated.
What are the potential rental returns for this property?
The property has a potential rental income of approximately $490 per week, making it an attractive investment opportunity.
Are there any upcoming strata fee increases or special levies planned for the complex? What are the strata corporation’s rules regarding pets and renovations? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on short-term rentals or Airbnb use? What is the condition of the building’s structural elements and recent maintenance history? Are there any planned developments or zoning changes nearby that could affect the property’s value? Is the property compliant with all building codes and strata regulations? Are there any easements or encumbrances on the property that could impact future use? What are the long-term plans for the complex’s landscaping and communal areas? Are there any noise or construction activities expected in the vicinity in the near future?

74/3 Sherwood Street, Maylands, WA 6051 - More Details

from $359,000

Located in the ever popular Madison Heights complex with it's huge lush tropical garden atrium, this spacious partially renovated one bedroom apartment with it's generous balcony with hills views, is a superb opportunity for a first home buyer or down sizer.

The kitchen has a great open plan layout with extra cupboard space, and an upright 4 burner gas stove/oven. There's a lovely view over the surrounding suburbs to the Darling Range from the private balcony. The generous bedroom include a spacious wall to wall built in robe and the bathroom/laundry includes it's own internal laundry facilities, a tasteful terracotta/white tile colour scheme and a white powder coated framed glass shower screen.

The popular Madison Heights complex at 3 Sherwood Street was originally built in 1971 but the complex has been extensively renovated with a renewed lift interior, walkways and full external painting and landscaping, giving it a lovely modern feel outside and a huge lush green tropical theme atrium garden courtyard on the inside. The complex is ideally located just 300m or a few minutes walk from Coles supermarket, around 500m to Gibbney Reserve, around 1km to The Swan River and Baigup Wetlands, approximately 1km to the Maylands Café Strip & Maylands Train Station and around 5.2kms to Perth City Centre.

Features at a Glance:
• 1 Bedroom 1 Bathroom 1 Balcony 1 Under Cover Carbay
• 42m2 internally + 4m2 balcony + 14m2 carbay = 60m2 Total on strata plan
• Wide 4m2 balcony with beautiful views of the Darling Range and river glimpses
• Central location close to shops/river/public transport. Around 300m to Coles Maylands, around 500m to Gibbney Reserve, around 1km to The Swan River and Baigup Wetlands, approximately 1km to the Café Strip & Maylands Train Station and around 5.2kms to Perth City Centre
• Complex built in 1971 but extensively renovated & maintained
• Currently owner occupied but potential rent of around $490 per week
• Strata Admin $554/qtr + Reserve $135/qtr = $689/qtr Total
• Gas Levy through strata around $19/qtr and Water Levy around $35/qtr
• Council Rates: $1,761 p.a. Water Rates: around $929 p.a.
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
Area
60 m²

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