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12/5 Keane Street, Midland WA 6056

Listed price: From $399,000 Sold: 08 Oct 2024
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Car
  • Landsize 120m2
Unit
12/5 Keane Street, Midland WA 6056

Modern Apartment with Large Balcony, Air Conditioning & Study!

Welcome to this gorgeous, well-designed property in the heart of Midland - nearby shops, schools and transport links, this property has everything you need in a home. Whether looking for an investment of a low-maintenance home of your own, this property has something for everyone. With an open-plan living and dining area, large modern kitchen, separate study area, and two bedrooms, this unit has more than meets the eye - make sure that you don't miss out!

Property Highlights:
- Two-bedroom, two-bathroom property built in 2010
- Approximately 120 square meters total size
- Approximately 85 square meters total internal size
- Elevated position within complex (floor 2) with views over surrounding area
- Secure parking to the complex
- Intercom/fob security access to the complex and elevator access to floor
- Fenced & gated front courtyard area
- Air conditioning to living / dining area
- Front study/separate living area
- Tucked-away main bedroom with private ensuite
- Built in robes to both bedrooms
- Internal laundry features with sliding door access
- Fully equipped modern kitchen area

Investor Summary:
- This property is currently leased on a fixed term basis until June 2025, for $540 per week
- Market rent for this property is approximately $550 per week
- Based on a purchase price of $400,000, the estimated rental yield for this property is 7.15%
- This property is on a strata complex with rates of approximately $1,075.25 per quarter
- HouseSmart is highly active in Midland and surrounding areas and can provide Property Management Services throughout the course of the sale and beyond.

The modern kitchen is a chef's delight, boasting ample storage, quality appliances, and a sleek design that makes meal preparation both easy and enjoyable. The adjacent internal laundry room adds a layer of practicality often sought but rarely found in apartment living.

Both bedrooms are well-proportioned, with the master featuring built-in robes and a private ensuite, ensuring a peaceful retreat from the lively pulse of the city. The second bedroom also includes built-in robes and is serviced by a central bathroom that reflects the home's modern aesthetic with its clean lines and quality fittings.

Additional features that elevate this property include air conditioning for year-round comfort, a secure parking space, and intercom/fob security access, providing both convenience and peace of mind. The complex itself is well-maintained, showcasing modern architecture and a welcoming community atmosphere.

With shops, schools, and transport links just moments away, this apartment is not only a comfortable home but also a smart investment, currently leased until June 2025 at $540 per week. HouseSmart Real Estate, with Adam Bettison as your contact, is ready to provide exceptional service and insights into the Midland market.

Whether you're a discerning investor or seeking a stylish, low-maintenance home, this apartment at 5 Keane Street offers a unique opportunity to own a piece of Midland's dynamic urban tapestry.

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 12/5 Keane Street, Midland is a two bedroom, two bathroom unit sold by Adam Bettison at HouseSmart Real Estate Pty Ltd on 08 Oct 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
Indie School Western Australia
  • Secondary
  • Non-government
0.5km
Helena River Steiner School
  • Combined
  • Non-government
0.9km
Woodbridge Primary School
  • Primary
  • 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.

12/5 Keane Street, Midland sold on 8/10/2024, however the final sale price was not disclosed.
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