OFF MARKET

260 Morrison Road
Midvale WA 6056

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 158m2
Land area: 771m2
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Property Details for 260 Morrison Rd, Midvale

260 Morrison Rd, Midvale is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1979. The property has a land size of 771m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1979
Floor Size
158m2
Land Size
771m2
Local Government
Mundaring
Lot/Plan
23/P012625

Last Listing description (August 2023)

This four bedroom, two bathroom home is not only situated on a massive 771 square metre block but also comes with many extra features not usually found in the 'modern-build' homes of today, including a large workshop, fireplace, bar, solar panels, and drive-through access to the backyard. Do you want space to put your 4WD, boat, motorbike or caravan? Enjoy cooking up a storm and looking for a kitchen with a double oven, double fridge space, and double sink? Do you have a large family, or enjoy entertaining? Whatever your situation may be, this home has 'something' in store for you. The perks keep on coming, and they won't stop coming!Property Highlights Include:- Four-bedroom, two-bathroom home built in 1979- Spacious 771 square metre lot, Zoned R12.5- Approximate internal floorspace of 158 square metres- Separate family room with bar- Separate activity area- Reverse cycle ducted air conditioning- Built in robes- Undercover entertaining area- Large rear powered workshopAnd that's not all... read on to explore more!Investor Summary:- Currently rented on a periodic lease for $480 per week- Approximate market rental price is $550 per week- Expected rental yield with a sales price of $500,000 and rental price of $550 per week is 5.74%- HouseSmart Real Estate is highly active in Midland, Midvale and the surrounding areas and can provide high-quality leasing and rental management services throughout the tenancy and beyond.Large Land Banking Opportunity:- 260 Morrison Road is 771 square metres- 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 6666As you drive up towards the property, one of the first things you will notice about the property is the large driveway space. There is room for multiple cars to the driveway, as well as secure gates providing drive-through access to the backyard and workshop, where you could park your 4WD, boat, or caravan. The backyard is fully fenced, so you don't need to worry about your pets running out the front to greet you. A double auto garage also provides extra parking behind it's doors. If you prefer walking, you may not even need a car - shops, restaurant's, parks, and all your essentials are within walking distance, whilst public transport out the front of the property can bring you to the larger Midland Gate Shopping Centre.To the interior of the home, you will find masses of space to relax and come home to. A separate entry space welcomes you as you walk inside, providing a privacy wall to the rest of the house. To the left you will find the main living area, which utilises a 'step-down' design similar to that of the 70's; bringing a sense of comfort to the room. Built in 1979, this home does hold on to a lot of the style from that era - a unique reminiscence of the past which is unfortunately lost on a modern homes built today. This room also features a bar, even thoughtfully including openings to the kitchen and activity area to serve people through. If you enjoy entertaining or having friends over, this is a great addition to the home!The activity area would be the perfect place for a bookshelf, or playroom for young children. Archways open up from here to the kitchen, and on towards the bedrooms. In case you are struck for space, there is another family area as well, which is perfect for a second lounge set, theatre room, or to utilise as a study. The opportunities are endless in this house with loads of space!The kitchen and dining area are tiled, which is easy on cleaning. If you enjoy cooking, this kitchen is a dream. Double in-built ovens, double fridge space, double stainless steel sink, a built-in coffee machine (wow!), electric hotplates, and loads of bench and cupboard space. This area overlooks the dining area, which features a luxurious slow-combustion fireplace to keep the place warm in winter. Downlights light up the area, and glass sliding doors open up to the outdoor entertaining area.Before heading outside, let's explore the bedrooms. Four bedrooms, all well-sized to fit large beds, and best of all featuring built in robes for all your clothing, shoes and storage. Reverse cycle ducted air conditioning is featured throughout the house including the bedrooms. The main bathroom with a toilet and separate shower, with the home's hot water system powered by solar, and to the main bedroom there is a separate ensuite including a toilet and shower with detachable showerhead.Through to the backyard, here is where you find space for children or pets to play, gardening, paved areas perfect for an outdoor table and chairs, and of course the powered workshop. The outdoor entertaining area, which opens up from the dining room, provides skylights , a privacy wall from the rest of the backyard, and a secure gate separating the area. For conversing with friends, keeping an eye on your pets, or for an undercover area when it rains, this patio provides the perfect area!The home is located 500m from Woolworths Midvale, and 700m from Swan View IGA, with multiple restaurants and other shops in the vicinity as well. The larger Midland Gate Shopping Centre is a quick drive less than 10 minutes away. Swan View Park Oval is under 5 minute walk, and three schools are less than 10 minutes away being Midvale Primary School at 5 minute drive, Swan View Primary School at 6 minute drive and Swan View Senior High School at 7 minute drive.With loads of space and extras throughout, you can see why this home is pretty special! Whether you wish to move in or continue renting it out for an immediate investment, the choice is yours. Don't miss out on this incredible opportunity!

Property History for 260 Morrison Rd, Midvale, WA 6056

A timeline of how this property has performed in the market
Last Sold
$470,000
19 Jul 2023
Listed for Rent
$380/w
08 Jan 2020
  • 19 Jul 2023
    Sold for $470,000
  • 15 May 2023
    Listed for Sale From $499,000
  • 21 Dec 2020
    Listed for Sale Frm $450,000
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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, 139 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.