Sold
U 9/114 Great Northern Highway, Midland WA 6056
Sold price: $288,000
Sold: 28 Jun 2023
Sold
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2 Bedrooms
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2 Bathrooms
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1 Car
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Landsize 122m2
Apartment
View
Modern Low-Maintenance Living or Extremely High-Yield Investment
This stylish apartment, located just moments away from Midland and the Swan Valley, offers an incredible lifestyle in a highly convenient location. The modern unit boasts an open-plan kitchen, living, and dining area, and the private sheltered courtyard expands your living and entertaining space. The finishings are tasteful and neutral throughout, ready for the next occupant to furnish the apartment to their own style.
The location puts you in the middle of a diverse lifestyle, just a stone's throw away from all of the bars, restaurants, and cafes that Midland has to offer, as well as being on the cusp of the Swan Valley and the Perth Hills.
The low-maintenance living is perfect for those looking to live a simpler life, and the attractive price makes it an easy entry point into the market. Investors will delight in the very high rental yields and low outgoings that this property has to offer.
Features You'll Love:
- Low maintenance living
- Modern finishings throughout
- Reverse-cycle air-conditioning
- Open-plan living
- Private courtyard extending the living space
- Dedicated car bay with secure gate
- Built-in wardrobes in both bedrooms
The Location:
- A few minutes from the Swan Valley
- 500m to Saint Brigid's Primary School
- 700m to North Metropolitan TAFE
- 950m to Gilbert Fresh Market
- 1.2km to Midland Gate Shopping Centre
- 1.7km to Midland Train Station
- 2km to Swan Christian College
The Figures:
- Rental estimate of $400 - $450 per week, representing well over 8% yield
- Strata fees: approx. $600 per quater
- Council rates: approx. $1500 per year
- Water Rates: approx. $900 per year
Property features
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Garages
1
Property snapshot by reiwa.com
This property at U 9/114 Great Northern Highway, Midland is a two bedroom, two bathroom apartment sold by Marco Viljoen at LJ Hooker Joondalup on 28 Jun 2023.
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
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
$520k
Median
$450k
Low end
$400k
19.9 %
Annual growth
$450k
Annual median sales price
$500pw
Annual median rental price
