5/29 Mathoura Street

Midland WA 6056

Step into this well presented and contemporary two-bedroom, one-bathroom unit, recently built in 2017. Nestled securely at the rear of a strata complex featuring 10 residences, this home boasts a generous lot size of 103 square meters. With 55 square meters of indoor living space, and an additional private courtyard area to rear, this residence comes equipped with an array of modern amenities. These include split-cycle air conditioning, an allocated parking space, gas stove cooking, elegant timber flooring, sleek stone benchtops, a convenient dishwasher, and the added security of a gated complex. This property provides year-round comfort, perfect for both summer and winter. Currently occupied, this home presents the opportunity for immediate return of investment. It is currently leased at $370 per week, but you can anticipate market rent at approximately $410 per week. Seize this captivating prospect before it slips away.Property Highlights include:- Two-bedroom, one-bathroom unit built in 2017- Total lot size of 103 square metres- Approximate floor space of 55 square metres- 29 square metres of courtyard- Single car space- Timber floors- Split cycle air conditioning- Secure, private home position- Gas cooking and stone benchtops- Dishwasher- Modern features throughoutInvestor Summary:- This house is currently tenanted until the 16th October at $370 per week.- Market rent for 5/29 Mathoura Street is approximately $410 per week.- Using a purchase price of $295,000 results in a gross annual rental yield of a massive 7.25%.- HouseSmart is highly active in Midland and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.Drive down the driveway and discover your property towards the rear of the complex. There is space for a single car out the front of your unit. The complex features a concrete and metal electronic gate that provides security, and there are visitor parking bays located at the front of the complex.The door to your unit opens up directly into the primary living space with sleek timber flooring below your feet and an open plan kitchen, living and dining in front of you. On the wall is a split cycle air conditioning unit that keeps the whole space comfortable. Well-placed windows and glass sliding door flood the area with natural light and LED downlights keep everything bright and fresh. The sliding door opens up to the spacious courtyard - 29 square metres. There is a great amount of space here, perfect for outdoor entertaining or relaxing in the summer months.The kitchen is built around a healthily sized L shaped benchtop. The thick stone benchtop enjoys plenty of built in underneath and overhead storage options, a built in dishwasher, fridge nook and oven with 600mm wide gas stovetop. Above the stovetop is a pull out rangehood. Acrylic splashback behind the bench ensures clean-up is easy, and there is a large amount of overhead cupboards. The double-sink looks over the open plan main living and dining spaces. There are so many ways you could enjoy this unit - this is high-quality and easy unit living at its finest. The primary bedroom boasts a generous size, complete with built-in robes adorned with full-height sliding doors, conveniently placed power outlets, cozy carpeted flooring, and a well-proportioned window that bathes the space in abundant natural light. On the other hand, the secondary bedroom, although slightly more compact, offers comparable features. It includes a built-in robe for storage efficiency, carpeted flooring for comfort, and a strategically positioned high wall window to optimize lighting.Positioned at the heart of the unit, the bathroom offers both convenience and style. It showcases a glass-enclosed shower with floor-to-ceiling white tiles, accompanied by an adjustable showerhead. The bathroom also features a contemporary toilet, a sleek modern vanity, and a generously sized mirror. Your daily morning routine will undoubtedly be a seamless experience within this well-appointed space.Adjacent to the bathroom, albeit slightly separated, is your very own integrated laundry area. Say goodbye to trips to an external laundry location - this unit has you covered! The laundry space is equipped to accommodate a washing machine, and for added convenience, you have the option to mount a dryer on the wall. The area also includes a practical laundry trough and ample storage space provided by both under-counter and overhead cabinets.Situated in a superbly strategic location within Midland, this property offers exceptional convenience. Positioned centrally, it enjoys close proximity to Midland Gate Shopping Centre, streamlining all your shopping requirements. The vicinity boasts a selection of schools including Midvale Primary School, La Salle College, and Woodbridge Primary School. Your daily commute is effortlessly facilitated by numerous bus routes and the nearby Midland Train Station. Swift access to both Great Eastern Highway and Roe Highway further enhances the property's accessibility.Embrace the opportunity not to be missed - a meticulously presented unit with an entertainer's courtyard. This modern residence is thoughtfully designed and excellently located, embodying a harmonious blend of contemporary features and intelligent design elements.