8/45 Mathoura Street, Midland WA 6056

Sweeping Balcony - Massive Rental Yield - Secure Strata Complex - Modern Features!

Welcome to this perfectly presented and modern two-bedroom, one-bathroom unit constructed recently in 2013. Placed securely near the rear of a strata complex of 10 properties, the home enjoys a total lot size of 85 square metres. With 55 square metres of internal floor space plus large balcony, this home is filled with plenty of modern features including split cycle air conditioning, a dedicated car space, gas cooking, tile flooring, stone benchtops, a dishwasher, and secure gated complex. This property would be lovely to enjoy in both summer and winter with the private balcony providing plenty of options – and stylish modern interior crisp and easy to look after. Market rent being approximately $400 per week. Don't miss out on this exciting opportunity.

Property Highlights include:
- Two-bedroom, one-bathroom unit built in 2013
- Total lot size of 85 square metres
- Approximate floor space of 55 square metres
- Strata fees of approximately $800 per quarter, including building insurance!
- Large private balcony
- Single car space
- Split cycle air conditioning
- Secure, private home position
- Gas cooking and stone benchtops
- Dishwasher
- Modern features throughout

Investor Summary:
- This house is currently tenanted until December 2023 at $330 per week
- Market rent for 8/45 Mathoura Street is approximately $400 per week.
- Using a purchase price of $299,000 results in a gross annual rental yield of a massive 7.0%.
- HouseSmart is highly active in Midland and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.

Drive down the driveway and discover your property near the rear of the complex, tucked away and elevated on the second storey. There is space for a single car out the front of your unit. Walk up the stairs to your private entrance. The complex features a concrete and metal electronic gate that provides security, and there are visitor parking bays located at the front of the complex.

The door to your unit opens up directly into the primary living space with sleek large grey tiling below your feet and an open plan kitchen, living and dining in front of you. Above your head is a cleverly mounted split cycle air conditioning unit that keeps the whole space comfortable, not just a small part of the area. Well-placed windows flood the area with natural light and LED downlights keep everything bright and fresh.

The kitchen is built around a healthily sized U shaped island benchtop. The thick stone benchtop enjoys plenty of built in underneath and overhead storage options, a built in dishwasher, fridge nook and oven with 600mm wide gas stovetop. Above the stovetop is a pull out rangehood and a window above the sink encourages a lovely green view. This whole space enjoys warmth from the outside via large windows and is a pleasure to live inside.

The primary bedroom is an excellent size and features built in robes with full height sliding doors, powerpoints, carpet flooring, and a window that draws in natural light. The secondary bedroom is slightly smaller but features similar – a built in robe, carpet flooring, and a well placed window for lighting.

The bathroom is centrally located and features a glass walled shower with white tiling and manoeuvrable showerhead, a toilet, modern vanity and wall mirror. Connected to the bathroom (but slightly separate) is your own built in laundry area – no need to visit another location to do your laundry with this Unit! There’s space for a washing machine (and you could also mount a dryer on the wall!), there’s a laundry trough and also underneath and overhead cupboards. Wow…

In a home with highlights and excellent features throughout – the 13 square metre private balcony here is an absolutely fantastic cherry on top. Modern frosted glass, metal and concrete surrounds – open freshness straight to the air – beautiful wooden ceiling with LED downlights, and easy to maintain tile flooring all work together to give you a true balcony … perfect for relaxing or entertaining. The 13 square metres of space is utilised well here and is ready to be yours!

This property is located fantastically, with a very central position in Midland. A close walk to Midland Gate Shopping Centre, all your shopping needs are a breeze to coordinate. Nearby schools include Midvale Primary School, La Salle College and Woodbridge Primary School. Commuting is super simple, with multiple bus routes around and Midland Train Station closeby too. This property has swift access to Great Eastern Highway as well as Roe Highway!

Don't miss out on this prime unit with entertainers balcony, in an excellent location with modern features and clever design elements.