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1/107 Morrison Road, Midland WA 6056

Sold price: $242,000 Sold: 24 Mar 2023
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 150m2
Villa
1/107 Morrison Road, Midland WA 6056

Modern 2 Bedroom Home Close to Everything!

Do you envision yourself living in a beautiful 2-bedroom unit in the heart of Midland? The opportunity to live in your dream house is now here! This ground floor unit home is well-positioned in the suburb of Midland, close by to parks, shops and public transport. Currently rented out, this ground floor unit presents a good opportunity for an immediate investment income, or for the owner-occupier there is a lot to be satisfied with including the garage parking for two cars, air conditioning and secure side courtyard.

Property Highlights Include:
- Two-bedroom, one-bathroom unit built in 2010
- 150 square metres lot size
- 83 square metres internal floorspace
- Secure side courtyard
- Double car length lockup garage
- Easy ground floor location
- Split system air conditioner to living area
- Modern kitchen with gas hotplates and lots of storage

Investor Summary:
- This house is currently tenanted on a fixed term lease until July 2023 at $330 per week
- Market rent for 1/107 Morrison Road is approximately $375 per week.
- Using a purchase price of $249,000 results in a gross annual rental yield of 6.91%.
- HouseSmart is highly active in Midland and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.

Turning off Morrison Road and into the strata block, you are able to see your home immediately on the ground floor. You command the automated garage to open as you park in your garage and enter your home. Through the front door, you are welcomed into a living area hosted by a split reverse cycle air conditioning to cool off the summer sweat with the kitchen to the left. In the modern kitchen, you are surrounded by stainless steel appliances, ample storage of overhead cupboards and pantry, gas stove, double sink with a filter water faucet. Further in the living area, you are greeted by a stylish bathroom with a glass shower screen, and vanity. There is an isolated toilet to the side and a spacious laundry leading to the lock-up garage.

The living area also leads to the two double size bedrooms fitted with in-built robe, and the dining room facing the back courtyard, with plethora of natural lighting coming in for you to enjoy your home-cooked meals.

Not only does this property have great features but it is also located in a central location close to the Midland Gate Shopping Centre, parks and more. It has easy access on to Roe Hwy and both Great Eastern and Great Northern Highway. Perth CBD is a half an hour drive away, and Perth Airport even close at an approximate 17 minutes away.

If you are wanting to take the little ones to the park, or even yourself for a stroll, Weeip Park is only 500m away, and Corti Park is even closer being only 450m away. If you need to do your groceries either at Coles or at Woolworths, you can head over to Midland Gate Shopping Centre which is an eight minute walk (650m), and there are many fast food options close by such as McDonald’s Zambrero, Taco Bell etc.

Are you looking for somewhere stable to rent out or looking for your own place to move in ? If so this house may just be for you - don't miss out!

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 1/107 Morrison Road, Midland is a two bedroom, one bathroom villa sold by Adam Bettison at HouseSmart Real Estate Pty Ltd on 24 Mar 2023.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Midland or see other recently sold properties in Midland.

Nearby schools

0.8km
Midvale Primary School
  • Primary
  • Government
1.0km
Helena River Steiner School
  • Combined
  • Non-government
1.0km
La Salle College
  • Secondary
  • Non-government
Disclaimer

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 $520k
Median $455k
Low end $400k
21.3 %
Annual growth
$455k
Annual median sales price
$500pw
Annual median rental price

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FAQ's

The average number of selling days in Midland is 11 days.

1/107 Morrison Road, Midland is a 2 bedroom, 1 bathroom villa.
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