FOR SALE
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61 Loton Avenue
Midland WA 6056

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Bargoti Presents - Outstanding Location & Prime Development Block - 1365 m2, Zoned R60/100.

MANISH! FROM ''BARGOTI REAL ESTATE'' PROUDLY PRESENTS 61 LOTON AVENUE MIDLAND 6056 AS A PERFECT DEVELOPMENT SITE TO ALL INVESTORS AND DEVELOPERS.
Discover the perfect development block in the heart of Midland!
This 1365 sq.m block with 25m front, dual density code zoned R60/100, offers an exceptional opportunity to build up to 10 apartments or units, subject to council and WAPC approvals.
This block is ideally situated immediately adjacent to Midland Gate Shopping Centre and Great Eastern Highway retail outlets and just down the road from St. John Of God Midland Hospital. This property will afford investors, convenience and unrivalled capital growth.
This property currently hosts a 1952 built home comprising three bedrooms, formal lounge room, one bathroom, kitchen, storage facilities and lots of parking space at the front and along the side on the driveway.
With proximity to the stunning Swan Valley, wineries, fantastic shopping and transport, the demand for properties in Midland is strong also benefiting the investor with booming rental market. This block with outstanding size and strategic location makes it a versatile investment and development opportunity. Whether you're looking to develop immediately, lease, or occupy with future growth in mind, this property is a rare find in the heart of Midland.
Additional Information:
- Block Size - 1365 sqm (approximate)
- Frontage - 25 m
- Year Built - 1952
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Property Details for 61 Loton Ave, Midland

61 Loton Ave, Midland is a 3 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for sale with Bargoti Real Estate.

Building Type
House

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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 4,777 properties. Over the last 5 years, Houses in Midland have seen a 79.53% increase in median value, while Units have seen a 113.05% increase. As at 30 November 2024:

  • The median value for Houses in Midland is $602,491 while the median value for Units is $448,158.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 54 properties listed for sale, and 15 properties listed for rent in Midland on OnTheHouse. According to CoreLogic's data, 438 properties were sold in the past 12 months in Midland.

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Manish Bargoti
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