Sold
1/53 Hooley Road, Midland WA 6056
Sold price: $202,000
Sold: 29 Nov 2022
Sold
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1 Bedroom
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1 Bathroom
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1 Car
Unit
View
Easy-Care Living. Your Choice of 5 Units!
A choice of five one bedroom and one bathroom units available for sale. Constructed in 2017 and currently tenanted, but potentially available as vacant possession, they are located in an attractive and secure complex in a central location and have a stable rental history. Finished to a high standard, the units boast modern decor, open plan design, entertaining area and secure parking for one car per unit. Why rent, when you could own your own home?
Alternatively, for the investor, this package of five, 1 bedroom and 1 bathroom units would be a superb addition to your personal investment or Superannuation Fund portfolio (returning $73,840 per annum in rental income (approximately 5% after strata and management fees).
Current Rental Returns:
1/53 Hooley Road $300/week Strata fees $650.88/quarter
2/53 Hooley Road $265/week Strata fees $650.88/quarter
3/53 Hooley Road $260/week Strata fees $698.50/quarter
4/53 Hooley Road $320/week Strata fees $650.88/quarter
5/53 Hooley Road $275/week Strata fees $650.88/quarter
For more information please contact LINDA SMITH - 0402 641 022
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 1/53 Hooley Road, Midland is a one bedroom, one bathroom unit sold by Linda Smith at The Agency on 29 Nov 2022.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Midland or see other recently sold properties in Midland.
Nearby schools
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
