52 Charles StreetMidland WA 6056
Property Details for 52 Charles St, Midland
52 Charles St, Midland is a 4 bedroom, 1 bathroom House and was built in 1976. The property has a land size of 1012m2 and floor size of 1200m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Midland in the last 12 months.
Last Listing description (April 2024)
Highlights:. 1012m2 zoned R40/60. 20.1m frontage. 1976 brick/tile home. 4 bed 1 bathThis property is modest yet promising opportunity for developers. Situated on a spacious 1012 square meter lot, with an impressive 20.1 meter frontage, this brick and tile home, built in 1976, currently operates as a rental property. Featuring four bedrooms and one bathroom, it offers both convenience and potential.The real allure lies in its zoning classification of R40/60, indicating its suitability for unit/apartment development. With the capacity for up to four villas or potentially even ten apartments, this property presents a rare chance to acquire a level site with an existing rental property while embarking on the journey of seeking planning approval for future development ( STCA )In summary, this property not only provides immediate rental income but also offers a strategic investment opportunity for developers looking to capitalize on its prime location and zoning for multi-unit development.Currently tenanted on a fixed term lease.Call Jeet on ?? 0433729711 or Email jeet@propertymm.com.au to schedule a viewing Disclaimer:The particulars and photographs shown on this website are supplied for information only and shall not be taken as a representation in any respect on the vendor or the agent. The information, opinions and publications available on this website are broad guides for general information only. They are solely intended to provide a general understanding of the subject matter and to help you assess whether you need more detailed information. The material on this website is not and should not be regarded as legal, financial or real estate advice. Users should seek their own legal, financial or real estate advice where appropriate. Every effort is made to ensure that the material is accurate and up to date
Property History for 52 Charles St, Midland, WA 6056
- 22 Feb 2024Sold for $650,000
- 14 Feb 2024Listed for Sale Matched - Under Offer!
- 23 Feb 2023Listed for Rent $450 / week
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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 4,708 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.
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