Reiwa Reiwa
21 North Street, Midland WA 6056

21 North Street, Midland WA 6056

Sold price: $560,000
Sold
Sold: 16 May 2024

3 Bedrooms

1 Bathroom

1 Car

Landsize 1,012m2

House

Contact the agent

Brian Rasmussen

0503808999

Real Estate Plus


Prime time for prime investment…

Looking for the perfect moment to invest? Now is the time! "Don't miss out on this excellent investment opportunity; it could yield significant returns."
This property is a real gem, waiting to be developed to its full potential. Its prime location on North Street is within a short distance of Midland's city centre, Midland Gate, and the commercial centre, making it an ideal investment. With a 1012 sqm block (R60/80), this 3-bedroom fibro home offers endless development opportunities. Although it needs some maintenance and repairs, it can still be rented out, providing you with immediate returns. But the real profits lie in demolishing the house and constructing a unit or apartment development. And with the area undergoing significant redevelopment and the high demand for housing, any development on this site will surely bring in substantial profits with a quick turnaround. Don't let this chance slip away; take advantage of this amazing investment opportunity today!


•Prime investment/development opportunity
•Large 1012 sqm block (Zoned R60/80)
•Within a short walk of Midland's city centre
•Rent out while preparing development plans
•Amazing investment opportunity
•The house needs some TLC
•Solar H/W, A/C and solar panels

Property features

  • Garages 1
  • Toilets 1
  • Floor area 81m2

Cost breakdown

  • Council rates: $1,650 / year
  • Water rates: $793 / year

Nearby schools

Helena River Steiner School Combined Non-government 0.8km
La Salle College Secondary Non-government 0.9km
Midvale Primary School Primary Government 1.0km
Indie School Western Australia Secondary Non-government 1.1km
St Brigid's Primary School Primary Non-government 1.2km
Woodbridge Primary School Primary Government 1.5km
Moorditj Noongar Community College Primary Government 1.7km
Governor Stirling Senior High School Secondary Government 2.0km
Guildford Grammar School Combined Non-government 2.8km
Swan Christian College Combined Non-government 3.0km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4804942