What we love...
Currently tenanted until 4th January 2024 @ $300 per week with a long term tenant in place who is happy to stay on.
Current rental appraisal on the property would look to rent out at approximately $400 to $500 per week.
With a block this size and great, solid brick 3-bedroom, 1 bathroom home, what more do you want for that first investment or a development that will fetch a fantastic return.
844sqm with an R40 zoning on it, this gem has endless opportunity to either land bank where large pieces of land are such a hot commodity, rent out the property or perhaps its your first property to do up, live in and land bank for future options.
What to know...
FEATURES
Approx 855sqm block
Built in 1972
3 well sized bedrooms
1 Bathroom with bath and shower
Separate laundry and toilet with access to the back garden
Side access from carport through to back garden
Brick and tile home
Front living area
Side carport
Front garden
Zoned R40 – subject to council approval and buyer’s due diligence
DISTANCES AND LOCAL AMENITIES
Minutes to major public transport routes but freeway and transport routes
Minutes to Midland town centre and hospital campus
The edge of the Swan Valley
RATES:
Council Rates: Approx $1,000 per annum
Water Rates: Approx $ 2,000 per annum
Who to talk to...
Do get in touch with Natalie Arnold – 0423945159 for a viewing or private inspection. Always happy to help where I can
This property at 78 Bushby Street, Midvale is a three bedroom, one bathroom house sold by Natalie Arnold at Realmark Urban on 31 Aug 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Midvale or see other recently sold properties in Midvale.
Midvale is an established suburb with some commercial areas along the Great Eastern Highway. Belonging to the municipalities of the City of Swan and the Shire of Mundaring, settlement of Midvale dates from the mid-1800s with its most significant development period occurring between the 1950s and 1980s.
Defined by the homes and parks that dominate its landscape, Midvale provides residents with a quintessential suburban environment. Though home to a small commercial sector, the majority of Midvale is occupied by homes and there are numerous public open spaces like Elder Park, Moir Park, Morrison Park and Salisbury Park providing native scenery for residents to explore and enjoy. Midvale Primary School is the local school.