OFF MARKET

258B Morrison Road
Midvale WA 6056

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 71m2
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Property Details for 258b Morrison Rd, Midvale

258b Morrison Rd, Midvale is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 71m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1981
Floor Size
73m2
Land Size
71m2
Local Government
Mundaring
Lot/Plan
2/S010006

Last Listing description (October 2023)

258A & 258B are For Sale now!
This two-bedroom duplex villa promises lots of space and extras not just to the interior, but also extending to the outside - a large yard ready for a garden, lawn area, or shed. Villas of this nature do not often come with the luxury of outdoors space - an easily compromised ideal for many of today's houses, but not this one! Don't give up on the sun - whatever your dreams are for your own yard, this house is sure to provide the space to bring that dream to fruition!

Property Highlights Include:

- Two bedroom, one bathroom villa, built in 1981
- Duplex block - approximate land size for 258B Morrison is 558 square metres
- House size is approximately 71 square metres
- Own car port and side parking/turnaround space
- Ducted air conditioning
- Separate kitchen area
- Easy-clean lino and tiling to the primary living spaces, kitchen and bathroom
- Two good-sized bedrooms
- Large and fully cleared yard

Large Land Banking Opportunity:
- 258A Morrison Road & 258B Morrison Road are both approximately 558 square metres for each strata titled lot.
- Incredible opportunity to purchase 258A, 258B and 260 Morrison Road for a combined landholding of up to 1,888 square metres.
- Zoned R12.5
- Further development information can be found with the Shire of Mundaring (08) 9290 6666

Investor Summary:
- This property is currently rented on a fixed term lease until June, at $280 per week
- Market rent for 258B Morrison Road is approx. $330 per week
- Given a purchase price of $280,000, the approximate rental yield for 258B Morrison Road is 6.15%
- HouseSmart Real Estate is highly active in Midvale, Midland and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.

In a centrally convenient location, this home is walking distance to shops, cafe's, and food outlets as well as ovals and parks for recreation. The home is also positioned in a great location close to access for Great Eastern Hwy, leading into Perth and Mundaring, and Roe Hwy connecting the north and south suburbs. For car parking, there is a carport, plus your own extra parking spot/turn-around spot in the driveway. Although it is a duplex, there is no shared driveway!

Hidden behind bushes, which act as a great privacy guard against the road, the house presents itself as a tucked away and comfortable home. Currently rented out until June, this home would be an immediate investment, or easily move in yourself and enjoy all the great benefits this home has to offer!

To the inside, there are two good-sized bedrooms which both fit large beds. If you are only using one bedroom, the second bedroom could easily be used as a study, storage room, or extra family room.

Speaking of family room, the living/dining area is to the front of the property and provides an easy and accessible area to relax the day away in. Put down a lounge, table and chairs, bookshelves, or a TV - and you will easily soon feel at home! There is ducted air conditioning to cool down the area. Super easy to look after lino and tile flooring here works well together, and there's also exposed brick (the home is brick and tile build) adding extra character to the home. Light comes through from well-positioned windows to the front, as well as from the separate kitchen - which also provide a great view over the backyard.

An entry way provides easy flow through access to the living/dining area from the kitchen, whilst also making the space feel larger by creating it's own little space for the kitchen. There is lots of storage with cupboards and drawers, as well as fridge space, and a freestanding electric oven & hotplates.

To the exterior, there is lots of room to make your own. Massive and fully cleared backyard ready for you to make the space your own - or - hold the land for future redevelopment opportunities!

Save on petrol whilst living here by walking to the shops - the nearly built Woolworths Midvale is 350m walk, IGA Swan View at 950m walk, and public transport outside the home provides a bus to the larger Midland Gate Shopping Centre. Schools nearby include Midvale Primary School (1.6km), Greenmount Primary School (2.1km) and St. Anthony's Greenmount (1.7km).

This property has a lot going for it - an ample opportunity to obtain your own space, or rent the property out as an investment. Whatever you choose, don't delay and miss out on making this property yours today!

Property History for 258b Morrison Rd, Midvale, WA 6056

A timeline of how this property has performed in the market
Last Sold
$290,000
09 Sep 2023
Listed for Rent
21 Apr 2016
  • 09 Sep 2023
    Sold for $290,000
  • 19 Apr 2023
    Listed for Sale From $279,000
  • 15 Mar 2016
    Listed for Rent - Price not available
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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.

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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.