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12/5 Keane Street, Midland WA 6056

Sold price: $420,000 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 $800k
Median $704k
Low end $630k
21.3 %
Annual growth
$704k
Annual median sales price
$655pw
Annual median rental price

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FAQ's

12/5 Keane Street, Midland sold on 8/10/2024 for $420,000.

12/5 Keane Street, Midland was sold by Adam Bettison at HouseSmart Real Estate Pty Ltd.

You can contact the agent here.

The average number of selling days in Midland is 13 days.
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