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