107 Great Northern Highway, Midland WA 6056

Do your numbers and this stacks up as the best potential investment in Midland!!!

Discover the potential of this prime 1012sqm property, perfectly zoned R60, featuring a charming 1960's 4-bedroom, 1-bathroom home with an undercroft garage and a spacious rear workshop. This unique property offers not only a comfortable residence but also an established income stream from a renowned local fish and chip shop.

Key Features:
??4 Bedrooms, 2 being on street level and 2 upstairs.
??1 bathroom and 3 toilets, + 1 extra in chip shop lease.
?? Sprawling 1012sqm lot, zoned R60 for development.
??Classic 1960's exuding character and old world charm.
??Undercroft garage for convenient parking or storage.
??Large rear workshop ideal for various uses or storage.
??Famous and super busy take away fish and chip shop.
??This is a deceased estate sale and is to be sold as is.

Investment Potential:
This property provides a dual income opportunity for savvy investors. With a well-established fish and chip shop on-site, you can benefit from immediate returns while exploring the long-term development potential of the R60 zoning. The spacious lot allows for creative development options, making it a versatile investment in a high-demand location.

Location:
Situated in a sought-after area, this property enjoys proximity to essential amenities, schools, and public transport. The local fish and chip shop's popularity ensures consistent foot traffic and community engagement.

Don't miss this chance to secure a dual-income property with a mix of residential and commercial potential. Whether you're looking for a comfortable family home or a strategic investment opportunity, this property offers a winning combination.

For more information or to schedule a viewing, contact us today. Seize the potential of this unique real estate gem!

THIS PROPERTY IS PERFECT FOR
? Investment
? Developers
? Needing space

VIEWING THE PROPERTY and CHECK IN
? Call or send an email inquiry using the contact agent button to arrange a viewing appointment, or
? To reduce your 'Check In' time, please send an email notification to pre-register for a home open.

To provide a secure open experience and to provide feedback to our vendor, we request you ‘Check In’ by providing your name, phone number and email address to the listing agent upon arrival at the property.
 
THE STEPS YOU NEED TO TAKE TO MAKE AN OFFER
1. Request a link to review the Certificate of Title, Property Interest Report and Offer Form.
2. Fully complete and return the Offer Form to the listing agent to submit your offer to buy.
3. Offers will be presented to the vendor for consideration as soon as they are submitted.

?? SPECIFICATION AND DISCLOSURE INFORMATION YOU NEED TO BUY ONLINE
LOT
A copy of the title set is available from the agent upon request.
Is the property in a strata scheme: No.
Lot number: 8.
Plan Number: 2112.
Volume: 1282.
Folio: 21.

BLOCK
Block size: 1012sqm.
Local government authority: City Of Swan.
Property zoning: R60.
Property has a split zoning: No.
Secondary zoning is: Not applicable.
Known development restrictions: Normal General R code design requirements.
Development notes: Suggested to contact the local shire.
Subdivision potential: Yes. Subject to relevant approvals.
Title Easement: No as per Title page
Any Easement found not listed on Title page: Yes. Down driveway and diagonally across the yard. Refer the sewer diagram. The easement follows the line marked in red.
Local drainage: All external to the property. See drainage diagram
Restrictive Covenant: No as per title.
Restrictive Covenant expiry: Not applicable as per title.
Aspect: Dwelling faces a South Westerly direction.
Driveway cross over on lot: Left hand side.
Driveway constructed from: Concrete.
Bush fire prone area: Yes.
Flood plain: Fringe. (See booklet water facts).
LSP 17 Aircraft noise: Not Affected by LSP 17 Aircraft Noise.
Heritage listed: No.
Topography of lot: Gentle slope with retained level areas.
Bin pickup day: Tuesday.
Fenced: Fully fenced with front wall.
Fencing type: Mixture of fencing types.
Pet friendly yard: Perfect for pets.
Pets allowed: Yes. No Restrictions.

RATES
Shire rates per year approximately: $ 1910.00.
Water rates per year approximately: $ 1392.68.
Strata fees: Not applicable.

CONNECTED SERVICES - LOT
Drinking water: Mains water supply.
Water tank/s: Not applicable.
Water bore: Yes. Not working/used for many years.
Electricity: Mains electricity supply. 3 phase power connection to the dwelling and shop.
Separate electricity meter for shop and dwelling
Gas: Mains gas.
Solar power system: No.
Size of solar system: Not applicable.
Effluent disposal system: Mains sewer connected.
Internet connection: Fibre to the node. FTTN. For available speeds, please check with a provider.
Storm water management: Soak wells and ground run off.
Reticulation: Not reticulated.

CONNECTED SERVICES - DWELLING
Smart wiring: Not applicable.
Number of front garden taps: 1.
Number of rear garden taps: 3.
Hot water system: Choose an item..
Storage capacity: 60l
Hot water system age: Unknown age.
Roof insulation: Batts. Buyers should confirm before making an offer.
Wall insulation: Unknown. Buyers should confirm before making an offer.
Air conditioning: Ducted evaporative cooling.
Heating: Gas space heater.
Under floor heating: No.
Aerial points: 2.
Foxtel connection: Not applicable.
Remote garage door: Not applicable.
Dishwasher recess: No.
Dishwasher Included: No.
Number of ovens: 1. Free standing.
Oven energy use: Electric
Oven 1 width: 600mm.
Oven 2 width: Not applicable.
Number of Cooktops: 1. Free standing.
Cook top energy use: Electric.
Cook top capacity: 4 element/s.
SECURITY
Alarm system: Yes. Not monitored.
Camera system: Yes.
Roller shutters: Not applicable.
Security Screens: Yes. On some opening windows. Type: Aluminium mesh.
Security doors: Yes. On some opening doors. Type: Aluminium mesh.

COMPLIANCE
At settlement, the property will comply with all regulations concerning:
Residual current devices.
Hard wired smoke detectors.

BUILDING AND PEST INSPECTION
Has a building inspection been conducted prior to listing: No. This would be the responsibility of the purchaser.
Has a timber pest inspection been conducted prior to listing: No. This would be the responsibility of the purchaser.
Last timber pest inspection: Over 24 months.
Last timber pest barrier treatment: Unknown. 
Barrier treatment is valid for a further: Unknown.

SHIRE APPROVAL
The following improvements have shire approval:
Upstairs extension 1966, extension of downstairs bedroom 1995, Patio 1981, other development approvals have been lost in a shire records flooding event.
All other improvements will be included on an as is basis.

TENANCY
Is the property leased? The 4x1 home is currently vacant, the shop is leased at $1000p/m.
Lease end date: Shop lease end date Is the 31/01/2028 with an option up until 31/01/32.
Rent under current lease: Shop - $250.00 per week.
Estimated market rent achievable: House - $600.00 (approx) per week. Shop - $250.00 per week

RECENT EXPENDITURE
Carpets cleaned - $245.00
Heater serviced - $160.00

NOTABLE ITEMS INCLUDED
All fixed floor coverings, window treatments and light fittings.
Gas heater
Camera system
Upstairs robe, and in bedroom 2
Oven

ITEMS NOT INCLUDED
All items a of a personal nature will be removed upon settlement.
Concrete wash trough on landing.

DWELLING
Year built: 196
Shop opened in 1964
Energy rating: Not Applicable in this state.
Lock up garage: Single.
Open carport: Not applicable.
Open air car parking: 6+.
Room for caravan/boat: Yes.
Number of bedrooms: 4.
Built in robes: Yes but not all bedrooms.
Bathrooms: 1.
Number of toilets: 4.
Number internal living spaces: 3.
Washing machine space: Choose an item..
Wall construction: Double brick and steel framed enclosed patio
Wall cover: Brick and cladding on enclosed patio
Roof cover: Zincalume.
Roof structure: Timber roof framing.
Under floor type: Concrete house pad.
Gutter type: Painted gutters.
Window type: Aluminium window frames. And wood framed down stairs
Double glazing: Not applicable.
Window locks fitted: Latches only.
Clothesline: European roller and rope between poles.
Spa Bath: No.

DWELLING AREA (Under Main Roof)
Internal: 171sqm.
Veranda: 4sqm.
Garaging: 35sqm.
TOTAL AREA: 210sqm.

WORKSHOP
Workshop construction: Brick and Zincalume
Workshop size: 8.863m x 6.700m
Side Lean-to: 3.832m x 8.975m
Floor type: Concrete.
Powered: Electric 3 phase disconnected. Telephone connection.
Has had some structural cracking to the brickwork since the 1970's.

Method of measure - Choose an item..

Note to purchaser: The floorplan measurements and total area calculations are approximate only and actual sizes and dimensions may vary.

FRIDGE RECESS
Wide: 1500mm.
Deep: 620mm.
High: 2400mm.
Fridge mains water connection: No.
Integrated installation: No.

NON-WORKING ITEMS
Ceiling fan/light in dining room.
Garage door electric motor (unused and 1 remote).
Shed 3 phase power is disconnected.
Reticulation.

ACCESS DEVICES AND KEY AVAILABILITY
Key availability: Owner will supply all keys they hold for the property.
Garage door remote quantity: 1.

CODE OF CONDUCT COMPLIANCE
Note to purchaser: If you do not understand this section, please consult the listing agent.

Agents’ relationship status to the vendor: Father of a business partner
Have any deaths occurred in / at the property? No.
Does the property have a notorious history? The owner has not been made aware of anything.
Does the property have an adverse Google search? No. Chip shop is famous in the region.

POSSESSION AFTER SETTLEMENT
As per the 2022 Joint Form of General Conditions Booklet for the sale of property by offer and acceptance,
If the property is dwelling is vacant on the settlement date, the purchaser can take possession immediately upon settlement. The chip shop front is leased and vacant possession cannot be offered.

COVID-19 and FLU INFORMATION
Please DO NOT attend a property inspection if:
? You have recently tested positive to Flu or Covid 19.
? In close contact with someone with Flu or Covid 19.
? You are feeling unwell with an unknown cause.

If attending a viewing appointment, for everyone's safety, please ensure you practice social distancing and refrain from touching surfaces, door handles, cupboards, drawers, walls, etc. Hand sanitizer will be provided for your safety as you enter and exit the property.

ERRORS IN DESCRIPTION
Whilst all care has been taken in preparation of the above list of features, inclusions and exclusions, there may be some unintentional errors or misrepresentation by the selling agent.
The details included should be confirmed by you by visual inspection of the property, or by obtaining appropriate pre-purchase inspections.
By submitting an offer means that you have checked and are satisfied with the property subject to only your contractual terms.