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49 Charles Street, Midland WA 6056

Sold price: $1,006,500 Sold: 28 Mar 2022
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • Landsize 1,012m2
House
49 Charles Street, Midland WA 6056

GREEN TITLED CORNER LOT – 6 OCCUPIED UNITS

Situated on the corner of Charles and New Bond Street Midland and within 300 metres from the newly commenced Midland oval re-development project are these 6 brick and tile home units. There is a mixture of sizes and bedrooms with the units, with four being 1 bedroom and 1 bathroom units and the 2 remaining units being 2 bedrooms and one bathroom.

* Within 400 meters from commercial precinct
* 6 fully occupied units
* Income of approximately $67,000 per annum
* Ideal superannuation prospect
* Situated on 1012sqm corner lot

Better to have your money invested in bricks and mortar even in a lower than normal rental market. Set yourself for the long term here rental increases are bound to return and is well worth thinking for the SMSF investors as well. For other information on leases etc please contact me direct on the details provided..

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 features

  • Floor area 292m2

Property snapshot by reiwa.com

This property at 49 Charles Street, Midland is a two bedroom, one bathroom house sold by Wayne Bacich at The Agency on 28 Mar 2022.

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

0.7km
La Salle College
  • Secondary
  • Non-government
0.8km
Helena River Steiner School
  • Combined
  • Non-government
1.1km
St Brigid's Primary School
  • Primary
  • 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 $597k
Median $515k
Low end $444k
32.1 %
Annual growth
$515k
Annual median sales price
$550pw
Annual median rental price

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FAQ's

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

49 Charles Street, Midland is a 2 bedroom, 1 bathroom house.

The median house price in Midland is $515,000, the median unit price is $390,000.
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