FOR SALE
$519,000+

1/26 The Crescent
Midland WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 111m2
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Multi Purpose Office/Restaurant Space

Situated in a high exposure location, this 111m2 ground floor commercial unit was formerly leased for restaurant and office space. All services are available, including 4 gas outlets for cooking equipment, 3 phase power commercial-grade exhaust canopy, grease trap, new gas hot water system, and a separate storeroom. The property features 72m2 of internal dining space with an additional 10m2 for outdoor alfresco dining. It is equipped with reverse cycle air conditioning and a security alarm system.
Surrounded by commercial shops and located just meters from the popular Quest apartment complex, this property offers excellent foot traffic. The unit includes 3 toilets (1 staff toilet) and 2 parking bays accessed from Tuohy Lane at the rear. With a new hospital and train station on the way, this area is set to become even busier, making it a prime location for your business.
Don't miss this opportunity to secure a versatile commercial space in a thriving area. Contact us today to learn more!
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property Details for 1/26 The Crescent, Midland

Building Type
Commercial
Floor Size
111m2

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About Midland 6056

The size of Midland is approximately 4.4 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Midland in 2011 was 5,109 people. By 2016 the population was 5,974 showing a population growth of 16.9% in the area during that time. The predominant age group in Midland is 20-29 years. Households in Midland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Midland work in a trades occupation. In 2011, 39.8% of the homes in Midland were owner-occupied compared with 37.7% in 2016.

Midland has 4,740 properties. Over the last 5 years, Houses in Midland have seen a 71.41% increase in median value, while Units have seen a 95.26% increase. As at 31 August 2024:

  • The median value for Houses in Midland is $571,993 while the median value for Units is $425,182.
  • Houses have a median rent of $520 while Units have a median rent of $500.
There are currently 52 properties listed for sale, and 16 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 446 properties were sold in the past 12 months in Midland.

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Wayne Bacich
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The Agency Perth
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