74 Ferguson St, Midland WA 6056

Huge 1,012m2 Property with 3x1 Home - R20/50 Zoning - Opposite Park!

Welcome to 74 Ferguson Street, Midland. Situated on a massive block size of around 1,012 square metres altogether - zoned R20/50 - this family home has more than enough space for your needs. Currently rented out, this home provides a promising investment opportunity, with a great land holding for future work. Positioned opposite a park and nearby shops, schools and transport, there is a lot to love about the potential of this property. Don't miss out on this home!

Property Highlights:
• Three-bedroom, one-bathroom property
• Total block size of approximately 1,012 square metres
• Internal floorspace of approximately 144 square metres
• Character home design - originally built approx. 1953
• Split-system air conditioning
• Upgrades since original build; including modern kitchen
• Jarrah timber floor, tin roof, weatherboard walls
• High ceilings throughout
• Patio to the rear for outdoor entertainment
• Spacious backyard, perfect for kids & pets
• Large shed/workshop to the rear

Development Overview:
• This property is currently zoned R20/50
• There is an approximately 20m frontage and 5m clearance to both sides of the home
• City of Swan has advised that there may be potential to subdivide into two lots (using either R20 or R50).
• Development is always subject to approval from city council and other planning departments. We recommend checking with the city council regarding requirements and plans for the property.

Investor Summary:
• This property is currently leased until February 2026 for $520 per week
• Market Rent is approximately $600 per week
• HouseSmart is active throughout Midland and surrounds and can provide high quality leasing and Property Management services throughout the course of sale and beyond Settlement.

Location Summary:
• Opposite Warnock Park & Playground
• Walking distance to Swan Active gym, pool and recreation centre
• Midvale Primary School just a few streets away
• Midland Gate Shopping Centre approx. 3 minute drive or 20 minute walk
• Nearby public transport including Midland Train Station, and nearest buses available along Morrison Road

Rates & Fees Estimation:
• Water Rates: $938.46 per annum
• Council Rates: $1,487.40 per annum

For an investment opportunity, this property provides the perfect home - rent out now, develop down the line, or move in to make the most of the great features throughout. Contact Adam Bettison on 0409 929 128 for more information or to book a viewing today!