3/111 Ferguson Street, Midland WA 6056

Modern Villa with Large Living Area and Courtyard, Nearby Schools & Parks

Come along and view this beautifully presented three-bedroom, two-bathroom home in Midland. With decently sized living areas, a modern decor throughout, and features including ducted air conditioning and built in robes, there is a lot to fall in love with about this home. Positioned close to schools and parks, you are in a great position here with everything you need only a short distance away. Whether continuing to rent the property out (for an immediate investment and high estimated rental yield) or moving in and making the most of this low maintenance property, this home is surely one to not miss out on!

Property Highlights:
- Three-bedroom, two-bathroom villa
- Built 2009
- Brick and colourbond build
- Ducted air conditioning throughout the home
- Secure double garage
- Ceiling fans to bedrooms 1 and 2
- Built in robes
- Substantial courtyard

Investor Summary:
- This property is currently tenanted on a periodic basis, for $450 per week
- Market rent for 3/111 Ferguson Street is approximately $550 per week
- Based on a purchase price of $420,000 and market rent, the estimated rental yield for this property is 6.83%
- This property is strata titled, with fees of approx. $1358.13 towards insurance
- 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.

Coming up to the front of the property, you can park in the secure double garage, or walk in through the main entrance. As you walk in the home, you come in to the well presented and well-thought out layout of the main living space, with the entry and hallway opening up to the living room for and immediate welcoming presence, and nearby dining and kitchen area providing a space for entertaining and cooking. This living and dining area has a comfortable and relaxing design, with a feature wall creating a calming ambiance, and the ducted air conditioning (which runs throughout the home) providing a cool breeze on those hot days. There is also a sliding door to the dining area, allowing easy flow between the indoor and outdoors areas in the home.

The kitchen has a "C" shape designed to look out over the living area so that you can cook and chat with your friends or family at the same time. The bench features a wall to hide any clutter or kitchen equipment from site of the living area whilst entertaining. This kitchen has been designed to incorporate all the space you need, with plenty of bench space, under bench storage cabinets plus overhead cabinetry, built-in oven, electric cook-top, double sink, and a large pantry.

The three bedrooms in this property are all a good size; with the main and second bedroom having built in robes for storage, and ceiling fans. The main bedroom is positioned to the front of the home and has it's own private en-suite, and the minor bedrooms to the rear share the main bathroom, which features a shower plus bath. The third bedroom is created so that it could be utilised as a study/games room, or alternatively turned in to a third bedroom, depending on what you would like to do with the home!

Outside of the home, there is a large courtyard so that you can have outdoor entertaining and activities. Being fully fenced, this provides good security for pets and for kids to play. Stepping out of the complex, within a couple minute's walk you can arrive at Warnock Park, which has a playground, basketball area, and walking paths to enjoy. The Swan Recreation Centre, which has a gym, swimming pool, and skate park, is within 15 minute walk as well. As for schools, Midvale Primary School is only approx. 15 minutes walk, and for high schools both Guildford Grammar and La Salle College are within approx. 10 minutes drive. The home is also close to access links on to Roe Highway and Great Eastern Highway, bringing you easily to the North, South, East and West of Perth. Midland Gate Shopping Centre - with a Kmart, Big W, Target, Woolworths, Coles, ALDI plus lots of smaller specialty stores, food stores, cafe's and restaurants, is only approx. 5 minute drive or under 20 minutes' walk away!

Whether you are looking for an investment property (with large immediate and ongoing estimated rental yield!) or somewhere to move in down the line, this is definitely the property to check out. There is a lot to love about the house itself - it's design, large courtyard, easy indoor and outdoor living opportunities, great investment stance, and most importantly the location - make sure not to miss out!