CHARACTER BUILDING ON 1,022m - MIXED USE & LOADED WITH DEVELOPMENT POTENTIAL
Do not miss this RARE OPPORTUNITY to secure this PRIME INVESTMENT property in the heart of Midland, within walking distance of Midland Railway Station, the Retail and Business Centre, Midland Gate Shopping Centre right on the doorstep of a huge catchment area for the immediate area of the hills and foothills.
Comprising:
A PERFECT OPPORTUNITY to continue to earn income whilst your development plans are set in motion and are finalised OR "land bank" until you are ready to develop and fully maximise the property's potential.
Do not let this opportunity slip - call Angela Padula or Emily Tan now for more information or to view!
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 4,706 properties. Over the last 5 years, Houses in Midland have seen a 81.55% increase in median value, while Units have seen a 107.41% increase. As at 30 September 2024:
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