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25/6 Keane Street, Midland WA 6056

Sold price: $333,000 Sold: 31 Oct 2023
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 133m2
Unit
25/6 Keane Street, Midland WA 6056

2 Bedroom, 2 Bathroom Unit in Amazing Location, with High Potential Rental Yield!

Come on in to this modern unit posing an amazing lifestyle opportunity: shops, schools and the train station all within walking distance to your secure complex. With a sleek interior design, and finished to the highest quality throughout, this unit has everything you are looking for - whether for an investment, or to move in yourself. Currently tenanted until January 2024, there is an immediate investment on offer, with a future market rent of approximately $500 per week allowing a massive 8% rental yield! Want to see more? Come and view the property for yourself, or keep reading...

Property Highlights:
- Two-bedroom, two-bathroom design built in 2009
- 133 square metres total size
- 76 square metres interior unit size
- Large balcony, overlooking park
- Two secure allocated underground parking bays
- Complex with fob access, lift, and allocated store room
- Large master bedroom
- 2nd bedroom able to be converted into extra living area!
- Internal laundry facilities
- Modern features throughout

Investor Summary:
- This property is currently tenanted on a fixed term basis until January 2024, for $420 per week
- Market rent for 25/6 Keane Street is approximately $500 per week
- Based on a purchase price of $320,000 and market rent, the estimated rental yield for this property is a massive 8.15%!
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.

Situated within a secure complex - only accessible by fob - this unit on the second floor provides a piece of mind for those looking for a low-maintenance, lock-up-and-leave unit. With a secure allocated underground parking bay, you can park here whilst you are out and about - not that you would need the car much, given that the property is within walking distance to all your essentials!

Coming in to the unit, you will find a front area safely behind a gate, which provides privacy from the rest of the complex but also is a great area for storage for items. You have a separate store room in the complex as well for a bike, furniture or other goods.

There are two large bedrooms in the unit, which is perfect for a small family, friends, or a couple. If you are only using the main bedroom, then the second bedroom could easily be used as a study, home gym, or playroom. Alternatively, make use of the amazing sliding door design to open up this area as an extra living room! Plenty of space is provided here, with the opportunity to use these rooms how you like. The main bedroom features mirrored built in robes for storage.

Both bathrooms are quite modern, and you won't be stressed for space with cupboardry throughout. The showers to both bathrooms are quite large. Additionally, you have internal laundry features - so no need to share a common laundry with the strata complex!

The main living area/dining area is open plan to the kitchen, allowing for seamless flow from one area to another. The kitchen itself has a lot of bench space, a stainless steel double sink, a built-in electric oven, and hotplates.

From the living area, step outside on to the balcony which is quite large - big enough for an outdoor lounge set plus extra room! - and gives a nice view out over Juniper Gardens. This green park is the perfect place for a picnic, lunch spot, or catch up with friends.

This home is in a prime position only a couple minutes walk to Midland Gate Shopping Centre, with it's surrounding cafe's, bars, restaurants, specialty stores, food and good stores, and larger shops like Kmart, Woolworths, Big W, Coles, ACE Cinema, Target, and more. Also nearby is an Art Centre, public library, open spaces/parks, gyms, and more. What more could you ask for!

Captured by the locality of the property but drawn in by the delightful modern design, elegant living areas, and the complex itself, this unit is surely one to love. Make sure that you don't miss out!

Property features

  • Garages 2

Property snapshot by reiwa.com

This property at 25/6 Keane Street, Midland is a two bedroom, two bathroom unit sold by Adam Bettison at HouseSmart Real Estate Pty Ltd on 31 Oct 2023.

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
0.6km
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 $518k
Median $448k
Low end $398k
19.5 %
Annual growth
$448k
Annual median sales price
$500pw
Annual median rental price

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FAQ's

25/6 Keane Street, Midland sold on 31/10/2023 for $333,000.

25/6 Keane Street, Midland is a 2 bedroom, 2 bathroom unit.
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