Sold
14 Frederic Street, Midland WA 6056
Sold price: $700,000
Sold: 14 Oct 2024
Sold
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3 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 1,219m2
House
View
A Prime Investment Opportunity
A Prime Investment Opportunity
Rob Harwood@realty is delighted to present this exceptional property, perfectly positioned in Midland. Built in 1978, this solid brick and tile home sits on a sprawling 1,219 sqm block, boasting an R60/80 zoning that offers endless possibilities for the savvy investor. Located only walking distance from both major shopping centers and Midland train station
Key Features:
Spacious Living: The home features 3 generously sized bedrooms, providing ample space for a growing family or tenants.
Original Charm: The original bathroom includes a unique Roman shower, adding a touch of character to the property.
Multiple Living Areas: Enjoy a large formal lounge, separate dining, and family rooms, catering to various lifestyle needs.
Functional Kitchen: The original kitchen, complemented by tiled floors, retains its practical layout and charm.
Modern Comforts: Stay comfortable year-round with split-system air conditioning.
Secure Parking: A lock-up garage provides secure parking and additional storage.
Outdoor Living: The rear patio overlooks the picturesque Woodbridge Creek, offering a serene setting for outdoor relaxation.
Development Potential: With R60 zoning, this property presents numerous development options, including apartments or group housing.
Investment Potential:
The existing house is move-in ready and could fetch a rental income of approximately $500 per week. Alternatively, with a simple repaint and refresh, the rental return could increase to up to $600 per week.
Don’t miss out on this rare opportunity to invest in a property with such significant potential in a prime location. Contact Bob Harwood@realty today to arrange a viewing and explore the possibilities.
Property features
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Air conditioned
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Carports
2
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Floor area
132m2
Property snapshot by reiwa.com
This property at 14 Frederic Street, Midland is a three bedroom, one bathroom house sold by Rob Harwood at @realty on 14 Oct 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Midland or see other recently sold properties in Midland.
Nearby schools
Midland overview
Midland is a mixed-use suburb with industrial, commercial and residential areas. It experienced its most substantial development period occurring during the post-war years. More recently, Midland experienced growth between 2001 and 2011 as new dwellings were added to the Midland Redevelopment Area, a State Government urban renewal project which commenced in 2000.
Life in Midland
Midland offers its residents a suburban environment with a good supply of commercial and recreational establishments. There are three shopping centres in the area, Midland Central Shopping Centre, Midland Gate Shopping Centre and Centrepoint Shopping Centre, plus a leisure centre, speed dome, sports complex, a skate park, town hall and arts centre. Other major establishments include Swan District Hospital, Polytechnic West Midland Campus and a number of schools. There is also plenty of open public space with parks, reserves, walk trails and ovals in abundance.
Midland quick stats
High end
$720k
Median
$600k
Low end
$557k
12.6%
Annual growth
$600k
Annual median sales price
$610pw
Annual median rental price
