This is your opportunity to secure a property that provides you with many options depending on your plans.
Develop
The 1052sqm block is sub-dividable, subject to the usual planning approvals, and the two adjoining properties gives you an idea of what can be achieved. But ultimately it is up to you to decide how best to maximise the development potential.
Renovate
Yes, the house is old and looks a bit tired, but has good solid bones and with a makeover will make a very comfortable period style home for you to live in and in a superb location close to everything.
Rent Out
The current long term tenant, on a periodic lease, is more than happy to stay on so you will be in a position to keep the tenant on and generate income/cash flow from day 1 until you decide what to do next.
Midland has infrastructure in spades and over time has evolved into a satellite suburb providing all the necessary schooling, shopping, transport, government, sporting facilities, while being just a stones throw from the hills, Swan Valley and airport.
It doesn't get any better than this, so make sure you take advantage of this opportunity and buy this property before someone else beats you to it.
Come along to the advertised home opens or call me on 0418953062 to arrange a more leisurely private viewing.
Water Rates: $804.32pa
Council Rates: $1637pa
Rates are approximate and subject to change
This property at 38 Cope Street, Midland is a two bedroom, one bathroom house sold by Ross Martins at ProProperty Group on 06 Sep 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.
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.