Reiwa Reiwa
8/59 Victoria Street, Midland WA 6056

8/59 Victoria Street, Midland WA 6056

Sold price: $325,000
Sold
Sold: 07 Feb 2025

2 Bedrooms

1 Bathroom

1 Car

Unit

Contact the agent

Edward Harfouche

0509004424

Real Estate Plus


Low-Maintenance Unit with Immediate Rental Potential

If you're an investor seeking a property that delivers immediate rental returns, Unit 8/59 Victoria Street is a smart choice. With a tenant ready to stay on at $350 per week, this low-maintenance two-bedroom, one-bathroom unit offers an effortless addition to your portfolio.

The property is designed for practicality, featuring an open-plan living and dining area, a functional kitchen with plenty of storage, and two generously sized bedrooms. A large single carport provides ample parking, while the private courtyard gives tenants outdoor space to enjoy.

Features:

• Immediate Rental Income: The current owner is prepared for a rent-back arrangement at $350-$400 per week.

• Low Maintenance: Durable brick construction and minimal outdoor upkeep.

• Strong Location Appeal: This unit is just minutes from two major shopping centers Midland Gate and Centre Point. With local stores, medical facilities, a train station, and the CBD nearby, all while having an IGA just down the street.

• Tenant Ready: A reliable tenant ensures income from settlement day.

• Transport: Commuting is a breeze with a bus stop nearby and easy access to major roads.

Contact us today to arrange a viewing and secure this prime investment opportunity!

Key Details:
• Council Rates Approx: $1,700 pa
• Water Rates Approx: $733.65 pa
• Strata Rates Approx: $2,500 pa
• Rental rate of $350pw on a long-term lease.

Property features

  • Carports 1
  • Toilets 1
  • Floor area 64m2

Cost breakdown

  • Council rates: $1,700 / year
  • Water rates: $733 / year
  • Strata fees: $625 / quarter

Nearby schools

Indie School Western Australia Secondary Non-government 0.3km
Helena River Steiner School Combined Non-government 0.7km
Woodbridge Primary School Primary Government 0.8km
Midvale Primary School Primary Government 1.4km
La Salle College Secondary Non-government 1.4km
Governor Stirling Senior High School Secondary Government 1.6km
St Brigid's Primary School Primary Non-government 2.0km
Guildford Grammar School Combined Non-government 2.2km
Moorditj Noongar Community College Primary Government 2.4km
Clayton View Primary School Primary Government 3.6km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4869915