Reiwa Reiwa
41 Loton Avenue, Midland WA 6056

41 Loton Avenue, Midland WA 6056

Sold price: $840,000
Sold
Sold: 20 Aug 2024

2 Bedrooms

1 Bathroom

House

Contact the agent

Wayne Bacich

0417906097

The Agency


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.

Nearby schools

Midvale Primary School Primary Government 0.5km
Indie School Western Australia Secondary Non-government 1.1km
Helena River Steiner School Combined Non-government 1.4km
St Brigid's Primary School Primary Non-government 1.6km
La Salle College Secondary Non-government 1.6km
Moorditj Noongar Community College Primary Government 1.7km
Woodbridge Primary School Primary Government 1.7km
Governor Stirling Senior High School Secondary Government 2.5km
Swan View Senior High School Secondary Government 2.8km
St Anthony's School Primary Non-government 2.8km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4741400