FOR SALE
UNDER OFFER

28/21 Foundry Road
Midland WA 6056

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 112m2
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STUNNING & WELL LOCATED LOCK & LEAVE APARTMENT!

Nic Pulvirenti of the Professionals Wellstead Team welcomes you to 28/21 Foundry Road, Midland - A sleek & modern 2 bedroom x 2 bathroom HIGHLY SUCCESSFUL current Airbnb investment!
Available IMMEDIATELY with VACANT POSSESSION, this property has been running as a highly successful Airbnb short term rental investment for the past 12+ months generating an UNBELIEVABLE approx. gross rental yield of 11%+ !
Carry on the current short term rental set up and purchase the property fully furnished OR have keys handed over with the apartment completely blank slate, the choice is yours!
Situated on the border of peaceful Woodbridge town, this property boasts a tremendous location putting you within just arms reach to shops, a café within the building, public transport (soon to be NEW Midland Metronet train station), St John Of God Hospital, Renovated Midland Gate Shopping Centre & directly overlooking one of Perth's most highly prized heritage listings- the Midland & Woodbridge Railway Workshops!
BONUS THINGS YOU WILL LOVE:
- Well maintained modern apartment building
- Café located within building
- Secure underground parking
- Elevator access
- Spacious private storeroom located next to apartment
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Property Details for 28/21 Foundry Rd, Midland

28/21 Foundry Rd, Midland is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 112m2. The place is currently for sale with Professionals Wellstead Team.

Building Type
Apartment
Land Size
112m2

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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 4,739 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 51 properties listed for sale, and 15 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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Nic Pulvirenti
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