14 Frederic Street, Midland, WA, 6056

$715,000

Sold on 14/10/2024
  • 3
  • 1
  • 2
  • 1,218m2
  • 132m2

A Prime Investment Opportunity

Rob Harwood@realty is delighted to present this exceptional property, perfectly positioned in Midland. Built in 1978, this solid brick and tile home sits on a sprawling 1,219 sqm block, boasting an R60/80 zoning that offers endless possibilities for the savvy investor. Located only walking distance from both major shopping centers and Midland train station

Key Features:

Spacious Living: The home features 3 generously sized bedrooms, providing ample space for a growing family or tenants.
Original Charm: The original bathroom includes a unique Roman shower, adding a touch of character to the property.
Multiple Living Areas: Enjoy a large formal lounge, separate dining, and family rooms, catering to various lifestyle needs.
Functional Kitchen: The original kitchen, complemented by tiled floors, retains its practical layout and charm.
Modern Comforts: Stay comfortable year-round with split-system air conditioning.
Secure Parking: A lock-up garage provides secure parking and additional storage.
Outdoor Living: The rear patio overlooks the picturesque Woodbridge Creek, offering a serene setting for outdoor relaxation.
Development Potential: With R60 zoning, this property presents numerous development options, including apartments or group housing.
Investment Potential:

The existing house is move-in ready and could fetch a rental income of approximately $500 per week. Alternatively, with a simple repaint and refresh, the rental return could increase to up to $600 per week.

Don’t miss out on this rare opportunity to invest in a property with such significant potential in a prime location. Contact Bob Harwood@realty today to arrange a viewing and explore the possibilities.

Property Details

  • Land area: 1,218m2
  • Floor area: 132m2
  • Property type: residential
  • Property subtype: house

Location Map