75-77 Great Northern Highway, Midland WA 6056

1ST TIME OFFERED!

Outstanding Opportunity

Original Residence with 'Double Shop Front'

Versatile Property - Future Development Potential

This is a superb opportunity for those looking to acquire a property with the potential to be utilised in a myriad of various ways from that of a residence with the family run business operating out of the front (instantly appealing if you would love to work close to home), a pure investment opportunity holding a sizable chunk of land that can be tweaked to become a decent income producer (think 2 shops and a separate rental property) to that of a full blown future residential development site under the R60 zoning!

If you are a business owner, an entrepreneur or a hobbyist of any kind this property will most certainly appeal to you with a plethora of usage options for this large original 1/4 acre lot - heaps of parking too.

Blessed with oversized bedrooms and decent sized living areas this spacious residence is able to cater for a variety of family arrangements or even the possibility of 2 separate families running 2 separate businesses (food for thought there as well).

The Residence:
• Huge 4m x ~4m bedrooms
• Added sunroom area from bedroom 3 - ideal small home office or study space
• Spacious formal living/lounge room
• Roomy country style kitchen plus dining (enjoying a peaceful outlook to the garden)
• Bathroom with separate shower plus bathtub (great for the kids or if you just enjoy a soak)
• Large laundry area plus wc (this entire wet area could possibly be modified to create 2 bathrooms if needed)
• Split system air-conditioning
• Big 11.9m long double garage/workshop
• Carport plus remote door
• Heaps of extra parking - secure & gated
• Access from a long utilised rear laneway

The 'Shops':
• 2 separate 'shop fronts' each with its own dedicated kitchen and or preparation area
• Shop 1 approx 7.0m x 8.1m of shop front with separate kitchen (currently vacant ready for you to utilise or lease out)
• Shop 2 approx 8.6m x 8.1m of shop front with kitchen & prep area (currently leased@$33,800pa plus outgoings)
• Basic plant and equipment for current and previous usages (take away food shops)
• Split system air-conditioning to each
• Original functioning ducted evaporative system
• Grease trap

The Property:
• 1012 sqm
• Zoning of R60
• 20.19m frontage & 50.29m depth
• Current/former approved usage of 'Local Shop' re shop frontages to Great Northern Hwy
• Great passing traffic exposure for business operators - improved advertising = potential higher rent returns & improved yields
• Proximity to the thriving Midland Town Ctr just a couple of mins drive away

Will Suit the Following Buyer Groups:
• Families who wish to operate their business right out the front of their home (so convenient)
• Singles/Couples or small families who can see the benefits in managing the 2 'shops' to help pay the mortgage
• SMSF owners looking for a long term investment opportunity with good rental income potential to elevate financial gains over time
• Overseas/International buyers looking to invest in a business opportunity with a combined residence (subject to visa requirements)
• Investors and/or future developers with an eye to future growth potential for the Midland area
• Savvy business operators/entrepreneurs who can see opportunities with the high exposure location ie applications for different business models
• FIFO workers looking to 'settle' back into Perth and run a business from their home base knowing future development is always an option
• .....plus more

Offered for sale by owners who have truly enjoyed living in the thriving locality of Midland this is a rare opportunity for the astute buyer.

Reach out to Michael Edwards today on 0412 470 468 to discuss how you might make this property yours.