SOLD
Sold on 13 Dec 2023 for $4,000,000

238 Morrison Road
Midvale WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2541m2
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Property Details for 238 Morrison Rd, Midvale

Building Type
Land
Year Built
2022
Land Size
2541m2
Local Government
Mundaring
Lot/Plan
505/P048634

Last Listing description (July 2022)

236 - Land area 2,504sqm*
238 - Land area 2,541sqm*
Zoned Service Commercial

Fronting Morrison Road

Burgess Rawson are pleased to present to the market For Sale 236 & 238 Morrison Road, Midvale. Located in the busy Midvale development precinct and only 5 minutes from the Midland business precinct, these two blocks offer owner occupiers, developers and investors alike the opportunity to establish themselves amongst quality tenants such as Hungry Jacks, Puma, McDonalds, 7-Eleven & BP. These freehold properties are serviced and leveled.

The sites are both accessed via Morrison Road & Farrall Road.

236 Morrison Rd : Land area 2,504sqm*
238 Morrison Rd : Land area 2,541sqm*

Zoning
Both properties are zoned Service Commercial

The zoning provides good flexibility for a variety of uses.

Asking Price
236 Morrison Rd : $1,500,000 + GST
238 Morrison Rd : $1,450,000 + GST

For further details please contact the Agent.

*Approx

Property History for 238 Morrison Rd, Midvale, WA 6056

A timeline of how this property has performed in the market
Last Sold
$4,000,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $4,000,000
  • 22 Mar 2021
    Sold for $1,402,500
  • 10 Sep 2019
    Listed for Sale $1.50M & $1.45M + GST
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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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Burgess Rawson
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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.