234 Morrison RoadMidvale WA 6056
Property Details for 234 Morrison Rd, Midvale
Last Listing description (March 2024)
Burgess Rawson is pleased to offer For Sale by Offers Invited this well established Carwash in an outstanding fast food and service station hub. The property features the following points:Key Features:+ Operated in same property for approximately 6 years+ New 10 Year Lease+ Further Options of 2 x 5 years+ Tenant pays all usual outgoings as per Lease (managing Agents fees capped at $6,500pa)+ Annual rent increases - assuring rental growth+ Situated in an outstanding key hub of Fast Food, Service Stations and Woolworths+ Also benefits from being adjacent to the newly established Movida Residential Estate+ Net Income $144,000pa + GST+ First Right of Refusal for the Tenants businessThe property is custom built for a car wash facility comprises the following accommodation:+ 3 x Automatic bays+ 3 x Manual bays+ 4 x Vacuum cleaning machines+ Office and operations hubZoningThe property is zoned 'Industry' as per Shire of Mundaring Planning Scheme No.2.Asking PriceOffers InvitedFor further information or to arrange an inspection, please contact the Selling Agents. *Approx
Property History for 234 Morrison Rd, Midvale, WA 6056
- 26 Jun 2024Sold for $2,150,000
- 20 Mar 2024Listed for Sale Offers Invited
- 15 Mar 2016Sold for $1,100,000
Commute Calculator
Recent sales nearby
See more recent sales nearbySimilar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 2,205 properties. Over the last 5 years, Houses in Midvale have seen a 120.28% increase in median value, while Units have seen a 73.46% increase. As at 31 August 2024:
- The median value for Houses in Midvale is $606,521 while the median value for Units is $427,441.
- Houses have a median rent of $600 while Units have a median rent of $345.
Suburb Insights for Midvale 6056
Market Insights
Midvale Trends for Houses
N/A
N/A
View TrendN/A
N/A
Midvale Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
