Sold
11 Spring Avenue, Midland WA 6056
Sold price: $1,120,000
Sold: 09 Jul 2024
Sold
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3 Bedrooms
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2 Bathrooms
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Landsize 2,023m2
House
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UNDER OFFER!
Discover the epitome of investment potential with this remarkable property offering!
Spanning an impressive 2023sqm, this parcel of land is a developer's dream, boasting current zoning (R40) for multiple dwellings.
Falling under the esteemed Local Town Planning Scheme 17 and with its substantial size the property offers the flexibility for possibly higher-density projects, mirroring the success of neighbouring developments with units or apartments being possible subject to approvals of course.
Benefit from an updated and well-maintained 3-bedroom, 2-bathroom home and big shed on the property, offering comfortable accommodation for immediate occupancy or rental income.
This property represents a rare chance to secure a substantial landholding with both immediate and long-term investment opportunities. Whether you choose to move in and enjoy the existing amenities or capitalize on its development potential, the possibilities are endless.
Seize this opportunity to secure your stake in a prime location poised for growth. For further details and to arrange a viewing (by appointment only) contact us today.
Disclaimer: Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, development feasibility, and any potential constraints. All development proposals are subject to council approval (STCA).
Property features include;
Big character
3 large bedrooms
2 bathroom
Updated kitchen
Combined kitchen/living and dining
Sleepout/study
Jarrah flooring
Air conditioning
Ceiling fans
Wrap around veranda
Shed
2023sqm block
R40 zoning
Nearby amenities
2km Swan Active
2.2km Midland Train Station
2.4km Midland Gate Shopping Centre
3.4km St John of God Midland
6.5km Swan Valley
14.8km Perth Airport
17.9km Perth CBD
Property snapshot by reiwa.com
This property at 11 Spring Avenue, Midland is a three bedroom, two bathroom house sold by Rachael O'Dowd at First National Real Estate O'Dowd on 09 Jul 2024.
Looking to buy a similar property in the area? View other three 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
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