Reiwa Reiwa
1 Elvire Street, Midland WA 6056

1 Elvire Street, Midland WA 6056

Sold price: $342,000
Sold
Sold: 19 Jan 2022

3 Bedrooms

1 Bathroom

Landsize 926m2

House

Contact the agent

Craig Goodridge

0402088948

WELSH Real Estate


SUBDIVISION POTENTIAL - AWESOME LOCATION

Now is the time to invest for the future and prosper with Financial Return!

Nestled within 150 metres of the Midland Gate Shopping Centre, City of Swan Administration Building, New Curtin University Building, Midland Health Campus, and more lies this beautiful property no 1 Elvire Street in Midland. This block boasts a 926sqm property with an R20 Current Zoning and previous Subdivision Approval ready to create 2 Big Large 450m2 properties.

Elvire Street is a family orientated street with a multitude of long term owners residing which in turn offers safety, security, and familiarity to the new buyers. This property is an absolute No Brainer for a new developer or first home buyer.

Being a block of this size in this prime location near the heart of Midland, the site offers 2 potential financial growth strategies.
1. Retain existing house and complete the existing subdivision approval ready to capitalize on some quick returns.
2. Remove existing house and build 2 beautiful new properties on 450m2 blocks with the option to sell or retain both.

Characteristics of this beautiful property include house and land on a 926m2 block currently Zoned R20 with previous subdivision approval - currently suitable for 2 Beautiful 4 x 2 Homes. Short walk to Midland shops, walking distance to bus stop and train station, 15 minutes from Perth Airport, 25 mins to Perth CBD, Guildford Grammar School nearby, existing R.O.W to access rear property. The rear of this property backs onto a forever reserve.

There is a sitting tenant who is very keen to stay on.

Call today for more details.

Property features

  • Air conditioned  
  • Toilets 1

Cost breakdown

  • Council rates: $1,590 / year
  • Water rates: $832 / year

Nearby schools

Helena River Steiner School Combined Non-government 0.1km
Woodbridge Primary School Primary Government 0.8km
Indie School Western Australia Secondary Non-government 0.9km
La Salle College Secondary Non-government 0.9km
Governor Stirling Senior High School Secondary Government 1.2km
St Brigid's Primary School Primary Non-government 1.7km
Midvale Primary School Primary Government 1.8km
Guildford Grammar School Combined Non-government 2.0km
Moorditj Noongar Community College Primary Government 2.5km
Swan Christian College Combined Non-government 3.2km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4523393