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58A Hooley Road, Midland WA 6056

Sold price: $310,000 Sold: 21 Jul 2023
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 207m2
House

GREAT INVESTMENT OPPORTUNITY

This street front brick and tile 3 bedroom, 2 bathroom Villa with fully enclosed yard is waiting for new owners. As this home is currently tenanted until March 2024 it would suit an avid investor to add to their property protfolio as the tenant is keen to stay on.

The home does require a little TLC to freshen it up inside and outside.

The property is well looked after by the tenant with lush gardens to the front and side of the home.

PROPERTY FEATURES:
* 3 good sized bedrooms with built in robes
* Open plan kitchen/meals/family room
* Functional kitchen with freestanding stove, ample cupboard space
* Bathroom with bath, shower and vanity
* Evaporative Air conditioner
* Split system in family room
* Gas bayonet in family room
* Security doors and screens to windows for the safety conscious
* Separate lockup storeroom out the back
* Patio area to the back to relax in
* Carport with room for 2 cars tandem style

INVESTORS:
NO STRATA FEES
58a Hooley Road Midland has an approximate market rent of $430 per week
Using a purchase price of $310,000 results in a gross annual rental yield of 7.21%
Currently Lease until March 2024 to a long term Tenant at $320 per week.
Professionals 5 Star Realty can provide Property Management Services throughout the course of the sale process and beyond and we are conveniently located in Midland and very active in Midland and surrounding areas

LOCATION:
* Midland Gate shopping centre a comfortable 10 minute walk away
* Approx. 20 minutes' drive to Perth airport
* Appox. 7 Minute drive to Midland St John of God Hospital
* Approx 30kms from Perth CBD
* Midland train station under 2kms away
* Close to the world famous Swan Valley wineries, breweries and cafes

SERVICE CHARGES:
* Shire Rates - Approx $1555 pa
* Water Service - Approx $810 pa

Please note the property is being sold on an 'AS IS BASIS"

For further information or to arrange a private inspection contact Agent - Maria Downes 0430 21 44 55 or email: [email protected]

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate, however, may be subject to change without warning at any time and this is often out of our control. Prospective tenants and buyers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner, the Agent and the Agency and are expressly excluded from any contract.

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 58A Hooley Road, Midland is a three bedroom, one bathroom house sold by Professionals 5 Star Realty at Professionals 5 Star Realty on 21 Jul 2023.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Midland or see other recently sold properties in Midland.

Nearby schools

0.4km
Midvale Primary School
  • Primary
  • Government
1.3km
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

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

58A Hooley Road, Midland is a 3 bedroom, 1 bathroom house.

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