FOR SALE
$2,590,000

1 Old Great Northern Highway
Midland WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1116m2
Land area: 1224m2
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Attention : Commercial Property Investors

NAI Harcourts Metro are proud to offer this primely located retail investment. Situated on the corner of Old Great Northern Highway and Great Eastern Highway, opposite the iconic land mark Town Hall with the large clock feature.
On offer a character building well preserved and in good condition with original old wooden floors replaced with concrete for solid flooring on all the ground floor, with the exception of one small shop. Also an iron roof replacement, approximately in 2004 .
Comprising of a two storey Green Titled building group of 6 shops on the ground floor and 14 tenanted commercial rooms on the upper level.
A fully leased property with established long standing mixed tenants.
Location has high exposure with its own parking area of 16 cars entering from a right of way lane on the title of the subject property.
Call Albert Fontana on 0418 952 647 for further information today.

Property Details for 1 Old Great Northern Hwy, Midland

Building Type
Commercial
Floor Size
1116m2
Land Size
1224m2

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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 4,703 properties. Over the last 5 years, Houses in Midland have seen a 81.84% increase in median value, while Units have seen a 109.17% increase. As at 31 October 2024:

  • The median value for Houses in Midland is $599,686 while the median value for Units is $450,157.
  • Houses have a median rent of $525 while Units have a median rent of $505.
There are currently 61 properties listed for sale, and 22 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 402 properties were sold in the past 12 months in Midland.

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Albert Fontana
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