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41 Loton Avenue, Midland WA 6056

Sold price: $840,000 Sold: 20 Aug 2024
Sold
  • 2 Bedrooms
  • 1 Bathroom
House
41 Loton Avenue, Midland WA 6056

HIGH DENSITY ZONING - HIGH GROWTH LOCATION

First time offered to the market place since the late 1990s is this very original weather board and iron home situated on a huge 1444m2 R60/100 zoned lot that is within a 2 minute walk to Midland gate shopping complex and the heart of the commercial precinct of Midland.

. Level lot with all services available
. Leased at $200 per week
. 20 meter street frontage - 71 meters deep
. Suitable for Villas/apartments or Townhouses
. Same tenant for 20 years
. Easy access to major arterial routes
. Due diligence period available

The whole area is a buzz at the moment with everything selling in a flash and prices starting to head towards the heights of 2015. This site is ideal for a big number of apartments to boost your yield and maximise your return with no signs of the rental or sales market settling down in the short term with eastern states investors looking to cash in on these booming suburbs. If you would like my view on the current or an information package including service lay outs and title particulars please contact me direct on the numbers provided to receive.

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.

Property snapshot by reiwa.com

This property at 41 Loton Avenue, Midland is a two bedroom, one bathroom house sold by Wayne Bacich at The Agency on 20 Aug 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

0.5km
Midvale Primary School
  • Primary
  • Government
1.1km
Indie School Western Australia
  • Secondary
  • Non-government
1.4km
Helena River Steiner School
  • Combined
  • Non-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 $599k
Median $508k
Low end $440k
30.1 %
Annual growth
$508k
Annual median sales price
$550pw
Annual median rental price

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FAQ's

41 Loton Avenue, Midland sold on 20/8/2024 for $840,000.

The median house price in Midland is $507,500, the median unit price is $390,000.

The average number of selling days in Midland is 10 days.
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