SOLD
Sold on 10 Sep 2024 for $485,000

28/21 Foundry Road
Midland WA 6056

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 112m2
Improve this data
Share
Save

Property Details for 28/21 Foundry Rd, Midland

28/21 Foundry Rd, Midland is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 112m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Midland in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
72m2
Land Size
112m2
Local Government
Swan
Lot/Plan
28/S070753

Last Listing description (November 2024)

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 caf 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
- Caf located within building
- Secure underground parking
- Elevator access
- Spacious private storeroom located next to apartment
- Centrally located kitchen, meals & dining
- Split system air conditioning
- Stone benchtops & stainless steel appliances
- Spacious main bedroom with walk in robe, private ensuite & direct balcony access
- Minor bedroom with walk in robe & direct balcony access
- Extra large balcony spanning the whole width of the apartment (Direct views of heritage listed buildings)
- High ceilings
- Full intercom system
- Stunning location

This apartment would be an ideal fit for an investor looking for an extremely high rental yield, first home buyer, downsizer or anyone in between. Also extremely fitting for someone looking for the ideal lock & leave style apartment.

Approximate Distances:

Local Caf (The Foundry) - Downstairs!
Curtain University Midland Capus - 400m away
St John Of God Midland Hospital - 750m away
Midland Train Station - 4 minute drive
Renovated Midland Gate Shopping Centre - 4 minute drive
Local Parks - (Railway square 25 metres away & Coal Dam Park only 400m away)
Swan River - 4 minute drive!
Perth Airport - 14 minute drive

Additional Information

Built: Approx - 2016
Strata Fees: Approx $850+ P/QTR

NOTE: This property description provided is for general information purposes only. Professionals Wellstead Team believes that this information is true & correct but it does not warrant or guarantee the accuracy of the information. Prospective Buyers are asked to undertake independent due diligence regarding the property, as no responsibility can be accepted by Professionals Wellstead Team for any information that may be deemed incorrect.

Show More

Property History for 28/21 Foundry Rd, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
$485,000
10 Sep 2024
Listed for Rent
$350/w
03 Feb 2017
  • 10 Sep 2024
    Sold for $485,000
  • 28 Aug 2024
    Listed for Sale UNDER OFFER
  • 08 Feb 2021
    Sold for $360,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 4,702 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.

Midland Profile Page

Suburb Insights for Midland 6056

Visit Midland profile page
Market Insights
Midland Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Midland Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Midland profile page
Contact agent
Nic Pulvirenti
Show contact details
Call agent
Professionals Wellstead Team
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED