34/3 Sherwood Street, Maylands WA 6051

compact one-bed unit | established Maylands complex | strong rental demand | older build 1971 | parking included This property provides a rare combination of affordability and strong rental fundamentals in Maylands. The one-bedroom configuration with car parking is sought-after in this area, and its position in an older complex with consistent tenant demand reduces vacancy risk. It is best suited to investors prioritising yield or buyers entering the market who value location over internal space. Risks emerge from the 1971 construction, which may require future capital expenditure on updates or maintenance. The small land size limits value growth from land appreciation alone. However, the high rental yield relative to purchase price presents an opportunity for positive cash flow, supported by proximity to the city and lifestyle amenities. A buyer should commission a building inspection to understand the physical condition.