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1/34 Loton Avenue, Midland WA 6056

Sold price: $330,000 Sold: 18 Mar 2024
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • 1 Car
Unit
1/34 Loton Avenue, Midland WA 6056

Modern Low-Maintenance Unit, Nearby Shops & Schools

Welcome to this comfortable, well-designed two bedroom one bathroom home, positioned perfectly in walking distance to shops and schools. Incorporate a relaxing and private lifestyle, there is plenty of indoor and outdoor space in this home, complete with a large courtyard and storage room. Whether continuing to rent the place out - for a high estimated rental yield of over 6%! - or moving yourself in, this property has everything you need to ensure a low-maintenance, low-stress lifestyle. Make sure that you don't miss out!

Property Highlights:
- Two-bedroom, one-bathroom unit
- Built 2017
- Located in gated complex
- Allocated car bay
- Visitor's parking to complex
- Split system air conditioning
- Open plan living/dining/kitchen
- Mirrored built in robes to main bedroom
- Large courtyard
- Store room
- Strata fees of $799 per quarter which includes building insurance

Investor Summary:
- This property is currently tenanted on a fixed term basis for $420 per week until January 2025
- Market rent for 1/34 Loton is approximately $420 per week
- Based on a purchase price of $320,000 and market rent, the estimated rental yield for this property is 6.95%
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.

Positioned in a location that is in within walking distance to schools, shops, and transport, your new home awaits. The villa sits within a gated complex, which has visitor's parking bays. The unit has an allocated car parking bay for your own use, and there is a bus stop nearby if you prefer to take public transport.

Walking inside of the home, you will come in to the living area, which is tiled with a stylish design, and has an open plan layout for the kitchen, dining and living areas. Downlights illuminate the areas, whilst the windows are perfectly situated to capture natural light. There is a split system air conditioner here which blows over the living, dining and kitchen areas - perfect for those hot summer days! The whole family can enjoy their downtime in this area under the cool breeze.

The kitchen holds a prominent space in this house with plenty of benchtop area to create your favourite meals, lots of cupboards for storage, and complete with a stainless steel sink, dishwasher space, gas hotplates, and a microwave space.

Outside of the home, which can be easily accessed by the sliding door to the living area, you will find the courtyard, which is fully fenced which is great for kids and pets. There is a side gate, allowing access to the front of the property as well. This courtyard would be perfect for outdoor entertainment with a table and chairs here, a BBQ, or as a kid's play area. Alternatively step out of the complex and within ten minute's walk you can arrive at Harold Bennett Park, which has a playground, basketball area, and walking paths to enjoy.

The two bedrooms in this property are all a good size with room for all who reside here. One can easily be used as a study or spare room if you are only needing the main bedroom. This main bedroom is quite a good size, with mirrored built in robes for your storage. Nearby, the main bathroom has a large shower with detachable showerhead, and built-in laundry facilities.

The house is in a great location, under approx. 10 minutes' walk to Midland Gate Shopping Centre which has department stores, smaller goods stores, cafe's, restaurants, and food outlets, to cover all your essentials. If you prefer to catch the bus, there is are bus stops along Great Eastern Highway for your use. As for schools, Midvale Primary School is only approx. 8 minutes walk, and for high schools both Guildford Grammar and La Salle College are within approx. 10 minutes drive. For driving, the home is also close to access links on to Roe Highway and Great Eastern Highway, bringing you easily to the North, South, East and West of Perth.

Whether you are looking for an investment property or somewhere to move in down the line, this is definitely the property to check out. There is a lot to love about the house itself - it's design, large courtyard, easy indoor and outdoor living opportunities, great investment stance, and most importantly the location - make sure not to miss out!

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 1/34 Loton Avenue, Midland is a two bedroom, one bathroom unit sold by Adam Bettison at HouseSmart Real Estate Pty Ltd on 18 Mar 2024.

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

0.5km
Midvale Primary School
  • Primary
  • Government
1.2km
Indie School Western Australia
  • Secondary
  • Non-government
1.4km
Helena River Steiner School
  • Combined
  • 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 $599k
Median $508k
Low end $440k
30.1 %
Annual growth
$508k
Annual median sales price
$550pw
Annual median rental price

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FAQ's

The average number of selling days in Midland is 10 days.

1/34 Loton Avenue, Midland was sold by Adam Bettison at HouseSmart Real Estate Pty Ltd.

You can contact the agent here.

1/34 Loton Avenue, Midland sold on 18/3/2024 for $330,000.
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