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STUNNING & WELL LOCATED LOCK & LEAVE APARTMENT!
Nic Pulvirenti of the Professionals Wellstead Team welcomes you to 28/21 Foundry Road, Midland - A sleek & modern 2 bedroom x 2 bathroom HIGHLY SUCCESSFUL current Airbnb investment!
Available IMMEDIATELY with VACANT POSSESSION, this property has been running as a highly successful Airbnb short term rental investment for the past 12+ months generating an UNBELIEVABLE approx. gross rental yield of 11%+ !
Carry on the current short term rental set up and purchase the property fully furnished OR have keys handed over with the apartment completely blank slate, the choice is yours!
Situated on the border of peaceful Woodbridge town, this property boasts a tremendous location putting you within just arms reach to shops, a café within the building, public transport (soon to be NEW Midland Metronet train station), St John Of God Hospital, Renovated Midland Gate Shopping Centre & directly overlooking one of Perth's most highly prized heritage listings- the Midland & Woodbridge Railway Workshops!
BONUS THINGS YOU WILL LOVE:
- Well maintained modern apartment building
- Café located within building
- Secure underground parking
- Elevator access
- Spacious private storeroom located next to apartment
- Centrally located kitchen, meals & dining
- Split system air conditioning
- Stone benchtops & stainless steel appliances
- Spacious main bedroom with walk in robe, private ensuite & direct balcony access
- Minor bedroom with walk in robe & direct balcony access
- Extra large balcony spanning the whole width of the apartment (Direct views of heritage listed buildings)
- High ceilings
- Full intercom system
- Stunning location
This apartment would be an ideal fit for an investor looking for an extremely high rental yield, first home buyer, downsizer or anyone in between. Also extremely fitting for someone looking for the ideal lock & leave style apartment.
Approximate Distances:
Local Café (The Foundry) - Downstairs!
Curtain University Midland Capus - 400m away
St John Of God Midland Hospital - 750m away
Midland Train Station - 4 minute drive
Renovated Midland Gate Shopping Centre - 4 minute drive
Local Parks - (Railway square 25 metres away & Coal Dam Park only 400m away)
Swan River - 4 minute drive!
Perth Airport - 14 minute drive
Additional Information
Built: Approx - 2016
Strata Fees: Approx $850+ P/QTR
NOTE: This property description provided is for general information purposes only. Professionals Wellstead Team believes that this information is true & correct but it does not warrant or guarantee the accuracy of the information. Prospective Buyers are asked to undertake independent due diligence regarding the property, as no responsibility can be accepted by Professionals Wellstead Team for any information that may be deemed incorrect.
Property features
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Garages
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Property snapshot by reiwa.com
This property at 28/21 Foundry Road, Midland is a two bedroom, two bathroom apartment sold by Nic Pulvirenti at Professionals Wellstead Team on 10 Sep 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
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
$598k
Median
$502k
Low end
$440k
28.6 %
Annual growth
$502k
Annual median sales price
$550pw
Annual median rental price
