Discover a solid investment opportunity with these properties on Loton Avenue. Positioned on the fringes of the commercial precinct of Midland this high-density development site offers endless opportunities for the savvy investors or property developers. Currently, the property is leased, generating a combined rental income of $995 per week, with long-term tenants eager to stay.
. Most services available.
. Sewer at the rear of lot.
. 2 x Three bedroom units
. Suits transport orientated design codes
. Within 800mtrs from St John of God hospital
. Ideal superannuation proposition
Situated on a 1445m2 R60/100 zoned lot, this property comes with separate titles and offers fantastic future potential. It’s an ideal choice for those planning to secure their retirement or embark on a development project or purchasing between family members or friends.
There is a lot of major infrastructure projects going on at the moment with the new Midland train station and transport hub just been completed with the opening of the new St John of God private hospital on the horizon as well.
Talk to the city of swan about the development potential this site has to offer, being located within 800 meters of Midland train station (transport orientated development catchment area) which can offer some parking concessions under the residential design guidelines.
Located centrally, all major amenities and transport routes are easily accessible, making it an attractive prospect for savvy investors. Don't miss out on this exceptional opportunity to invest in your future.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
This property at 37a & 37b Loton Avenue, Midland is a six bedroom, two bathroom house listed for sale by Wayne Bacich at The Agency.
For more information about Midland, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Midland profile page.
If you would like to get in touch with Wayne Bacich regarding 37a & 37b Loton Avenue, Midland, please call 0417 906 097 or contact the agent via email.
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.
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.