36/114 Great Northern Hwy, Midland is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 89m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Midland in the last 12 months.
Welcome to this delightful and immaculately presented two-bedroom, two-bathroom unit built in 2017. This owner-occupied home spans a total lot size of 89 square meters, with a spacious internal floor area of approximately 65 square meters. Selling with furniture included, this home is ready for you to move in or rent out, with an approximate market rent of $500 per week. The property boasts a range of lovely features, including thick carpeted flooring, tall mirror-clad wardrobes in the bedrooms, modern bathrooms, an internal laundry, a fully equipped kitchen, and an open-plan living space with a wall-mounted split cycle air-conditioning unit. Don't miss out - contact our team today!Property Highlights include:- Two bedroom, two bathroom unit built in 2017- 89 square metre lot- 65 square metres floor space- Fantastic strata complex with secure common property areas- Dedicated car park- Split cycle AC in lounge room- Dishwasher, fully equipped kitchen- Relaxing balcony- Master with ensuite bathroomInvestor Summary:- 36/114 Great Northern Highway is currently owner occupied, with a market rent of approximately $500 per week- Based on a purchase price of $379,000 and market rent, this property has an estimated gross annual rental yield of a massive 6.9%!- Strata rates for this property are approximately $700 per quarter- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high quality property management services from settlement and beyond!Enter this secure gated complex and drive up to your new home here. There's space for your car under the single car carport. The home presents beautifully and is filled with light flowing through large windows and the balcony.Walk into the main living space and kitchen area and enjoy light brown-grey tilework for your kitchen floor, and an excellent kitchen layout that flows along the wall of this space. There's a modern double sink, a dishwasher and microwave space, built in 600mm wide electric oven and stovetop, and also a fridge nook. The kitchen layout is totally flanked by modern cabinetry, well designed to help you keep organised and to make cooking and meal preparation easy. This whole space is backed by crisp white splashback tiling. The main living space here flows all the way from the front door, illuminated by bright LED downlights and plenty of light being splashed into the home through large glass sliding doors to one of the bedrooms and the main living area. There's a wall mounted split cycle air conditioning unit here too.The bedrooms here are both great sizes, with large windows (one has a full width sliding door onto the balcony), split cycle air conditioning mounted on the wall, light cream painted walls, plenty of power points, and thick carpet flooring. The master bedroom has an ensuite bathroom, which features a glass shower, modern vanity with full sized mirror, and a toilet. The second bathroom is designed virtually identically, and is very well presented. The home features an internal laundry including a hot water system, laundry sink and space for a washing machine and dryer.This property is located within a secure strata complex with parking spaces behind two layers of gates. The home is nearby to multiple schools including La Salle College, Saint Brigid's Primary School and North Metropolitan TAFE Midland. Commuting is simple, with swift access to Great Eastern Highway, Great Northern Highway itself, and Roe Highway. Buses travel along Great Northern Highway and Lloyd Street. Nearby shopping choices include the Middle Swan Shops, Morrison Road Shops, and of course the popular Midland Gate Shopping District.Market Rent: $500 per weekStrata Levy: Approximately $700 per quarterWater Rates: Approximately $900 per yearCouncil Rates: Approximately $1500 per year
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:
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