23A William Street, Midland WA 6056
$499,000
-
Landsize 635m2
Land
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Council Approved 4 Unit Development Site
Calling out all smart developers and investors!
This is a very rare opportunity to buy a development block where all the hard work has been done for you with the previous house demolished. It is situated in a prime position so close to the CBD, local transport, quality schools, major shopping centre & so much more!!
The property has been council approved for 4 units (3 villas + 1 townhouse) and demolished ready for you to start building with the DA approved until 4/11/2025!
Investors
LOWEST VACANCY RATE OF UNDER 1%
With the continuing record low interest rates and great rental return, investors will enjoy the strong returns with the benefit of tax depreciation which is estimated to be over $23,000 for the first 3 years alone!
Midland Expansion
120,000m2+ Midland Oval Development Project
1.2 Billion Dollar Midland Redevelopment Project that will create 7,500 new jobs.
Midland Gate Expansion to 76,000m2, making it one of the biggest shopping centres in WA.
One of WA's largest GP Super Clinics.
80 Million Dollar Lloyd Street underpass.
Planned 600 Student and Staff Curtin University.
Located centrally to all amenities
5 minute walk to Shops, Restaurants, Pubs Bars and Cafe Strip
10 minute walk to the Midland Train Station and 25 minutes train ride to the CBD
10 minute walk to Midland Gate Shopping Centre
10 min walk to La Salle College
1.5km from Guildford Grammar
3km from St John of God Hospital
3km from WA's Largest Police Centres
8km from Perth Airport
16km from Perth CBD- 25 mins via car or 35 mins via train
Listing snapshot by reiwa.com
This land listing located in Midland has been listed for sale by Vlad Suleski at @realty.
If you would like to get in touch with Vlad Suleski regarding this listing, please call 0404 375 575 or contact the agent via email.
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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
