OFF MARKET

1A/1B Salisbury Road
Midvale WA 6056

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
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Property Details for 1a/1b Salisbury Rd, Midvale

1a/1b Salisbury Rd, Midvale is a 6 bedroom, 2 bathroom House with 4 parking spaces.

Building Type
House
Local Government
Mundaring

Last Listing description (August 2019)

The owners of 1A & 1B Salisbury Road Midvale have instructed me to get this property sold - and this new price guide must be taken seriously by anyone who appreciates the value that's on offer here.

A prime corner block with R40 zoning and sub-division potential of up to to 6 homes (STCA). There really has been no better time to get your foot on the property investment ladder than the right now with this fantastic opportunity.


Endless opportunities await with this versatile Midvale twin duplex property. Nestled into an incredibly central area just moments from various parks, reserves, shopping centres, and great schools, 1A & 1B Salisbury Place presents a rare prospect. With R40 zoning, the option of living in, adding your personal touch, or simply using the block as your development canvas, this 1474m2 block boasts the perfect next step!
Well-equipped to cater for any level of family living, both residences boast three bedrooms and usefully proportioned living spaces. An open-plan kitchen and dining area creates the perfect platform for togetherness and relaxation. With covered alfresco spaces, the floorplans demonstrate a great flowthrough from internal living to exterior entertainment. Bordered by an expansive grassed back yard, this location offers the potential for all the creature comforts the growing family could wish for.
Joined by two single car garages, the option of residing in one and renting the other presents an attractive prospect of a second rental income. With rental prices on the rise in the Perth market, this home presents the ultimate in wise investment. Alternatively, the R40 zoning allows the site to be redeveloped, with the prospect of building two-storey homes, or a townhouse arrangement upon council approval. Well positioned for all the town centre amenities in Midlan, with the Swan River just a short drive away, 1A & 1B Salisbury Road delivers a unique property with exciting possibilities.

Take the next step in your property journey and contact Nigel Peters on 0407 212156 NOW.

There is currently a tenant in one of the duplexes on a periodic tenancy but the property will be sold with vacant possession at settlement.

Property Features:
- Approx. 1474m2
- Zoned R40
- Two duplex properties
- Ability to live in one of the properties and rent out the other
- Multiple opportunities for development potential for a two-storey build
- Great time to buy before prices increase
- Primary bathroom complete with vanity shower and bath
- Large grassed backyard
- Alfresco area

Each duplex unit has:
- Formal living room
- Open plan kitchen and dining
- Three well-sized bedrooms
- Bathroom
- WC
- Laundry
- One-car garage

Location Features:
- Walking distance to Midvale Primary School
- Level site
- Short drive to the city
- Close to cafs and restaurants
- Close to Midland Shopping Centre
- Close to public transport

Call NIGEL PETERS on 0407212156 NOW to arrange a viewing if you can't make the next scheduled home open.

Property History for 1a/1b Salisbury Rd, Midvale, WA 6056

A timeline of how this property has performed in the market
  • 18 Jul 2019
    Listed for Sale from $480,000

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About Midvale 6056

The size of Midvale is approximately 3.2 square kilometres. It has 4 parks covering nearly 12.9% of total area. The population of Midvale in 2011 was 1,517 people. By 2016 the population was 1,502 showing a population decline of 1.0% in the area during that time. The predominant age group in Midvale is 20-29 years. Households in Midvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Midvale work in a labourer occupation. In 2011, 48.9% of the homes in Midvale were owner-occupied compared with 50.5% in 2016.

Midvale has 2,209 properties. Over the last 5 years, Houses in Midvale have seen a 123.33% increase in median value, while Units have seen a 85.02% increase. As at 31 October 2024:

  • The median value for Houses in Midvale is $624,107 while the median value for Units is $469,640.
  • Houses have a median rent of $620 while Units have a median rent of $345.
There are currently 31 properties listed for sale, and no properties listed for rent in Midvale on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Midvale.

Suburb Insights for Midvale 6056

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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.