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7/27 Cope Street, Midland WA 6056

Sold price: $345,000 Sold: 05 Mar 2024
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Car
  • Landsize 102m2
Apartment

2x2 Unit With Large Balcony, Nearby Schools, Shops and Parks!

Established with style and elegance, this two bedroom two bathroom unit has everything you need for a comfortable and relaxed lifestyle, in the heart of Midland. Currently rented out, there is opportunity here to hold on to an immediate investment, or otherwise move in down the line and enjoy your new, low-maintenance home. Positioned perfectly in walking distance to shops and schools, there is a lot to love about this unit which is not just close to everything you need, but also has everything you desire inside of the home too: storage, air conditioning, an ensuite bathroom, and a modern design throughout, just to name a few. This property is currently leased at $355 per week until August 2024 - perfect for a patient owner-occupier or an investor seeking rental income from day one. Make sure you don't miss out!

Property Highlights:
- Two-bedroom, two-bathroom unit
- Built 2014
- 102 square metres built size
- Large balcony
- Area views from bedroom
- Mirrored built in robes
- Allocated car parking
- Visitor's parking to strata complex
- Split system air conditioning
- Storage room

Investor Summary:
- This property is currently tenanted until August 2024 at $355 per week
- Strata levies are a total of approximately $1,785 per annum, paid quarterly
- Market rent for 7/27 Cope Street is approximately $500 per week
- Based on a purchase price of $340,000 and market rent, the estimated rental yield for this property is 7.67%
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.

Positioned in a prime location, you have all your essentials at your doorstep with shops, cafe's and restaurants all just a short walk away. To the interior, as you walk in the home, you will find a large living and kitchen areas, which present a comfortable space for you to cook and relax. With a split system air conditioner blowing over this area, you can settle in comfortably on hot days and enjoy your new home. There is sleek black-look floorboarding throughout these living areas, which pull together the room nicely and provide it a nice finish.

Nearby the living area, you have sliding doors which provide access to the balcony. These doors provide lots of natural light to the room, and ensure seamless indoor & outdoor entertaining. The open plan design of the room means that you can go between places easily, yet still with space to spare.

The kitchen has quite a modern design, finished to a high quality with overhead and under-bench cupboards, lots of bench space, dishwasher and microwave space, a double stainless steel sink, gas hotplates, and a window to provide extra light. Whether cooking up your favourite dish, or making a meal for your friends or family, this kitchen can cater to all!

The two bedrooms in this property are both a good size. They both have mirrored built in robes, with the main bedroom featuring a triple doored built in robe for extra space. The second bedroom could easily be used as a study, extra storage room or extra living area, if you don't need it as a bedroom. The main bedroom has it's own private ensuite with a large shower.

Outside of the home, there is an undercover parking area for your car as well as a side gate allowing access to the courtyard area. From here you can also access the secure storage room. Stepping out of the complex, within a couple minute's walk you can arrive at Harold Bennett Park, which has a playground, basketball area, and walking paths to enjoy. As for schools, Midvale Primary School is only approx. 5 minutes walk, and for high schools both Guildford Grammar and La Salle College are within approx. 10 minutes drive. The home is also close to access links on to Roe Highway and Great Eastern Highway, bringing you easily to the North, South, East and West of Perth.

Whether you are looking for an investment property or somewhere to move in down the line, this is definitely the property to check out. There is a lot to love about the house itself - it's design, large balcony, modern layout, great investment stance, and most importantly the location - make sure not to miss out!

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 7/27 Cope Street, Midland is a two bedroom, two bathroom apartment sold by Adam Bettison at HouseSmart Real Estate Pty Ltd on 05 Mar 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

0.3km
Midvale Primary School
  • Primary
  • Government
1.3km
Indie School Western Australia
  • Secondary
  • Non-government
1.4km
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 $501k
Median $440k
Low end $394k
18.9 %
Annual growth
$440k
Annual median sales price
$525pw
Annual median rental price

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FAQ's

The average number of selling days in Midland is 9 days.

7/27 Cope Street, Midland sold on 5/3/2024 for $345,000.

7/27 Cope Street, Midland was sold by Adam Bettison at HouseSmart Real Estate Pty Ltd.

You can contact the agent here.

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