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Welcome to this brilliant and modern Midland unit! Built in 2016 and well looked after, this two-bedroom, two-bathroom property enjoys a comfortable internal living space of 63 square metres placed on a total lot size of 94 square metres. This unit features a stylish modern private balcony with views of the nearby area. The main open-plan living space is equipped with timber-look flooring, a kitchen with u-shaped stone benchtops, and a split-cycle air conditioner, ensuring comfort throughout the year. The master bedroom includes a walk-in robe and ensuite bathroom, while the second bedroom boasts a built-in robe and adjacent bathroom. There's also a built-in laundry! The property is currently tenanted until April 2025 on a fixed-term lease at $460 per week, making it an attractive option for both investors and future owner-occupiers.
Property Highlights:
- Two-bedroom, two-bathroom unit built in 2016
- Total lot area of 94 square metres
- Internal floor space of 63 square metres
- Stylish modern private balcony with views
- Secure complex with intercom, visitor bays, and remote-controlled vehicle gate
- Highly walkable location near Midland Gate, public transport, and community infrastructure
- Split-cycle air conditioning
- Internal Laundry
- Walk-in robe and ensuite in the master bedroom, built-in robe, and adjacent second bathroom in the second bedroom
- Timber-look flooring in the main living space, carpet in bedrooms
- Stone benchtops in kitchen and bathrooms
- Gas cooking, space for a dishwasher, and plenty of kitchen cabinetry
- Strata fees are approximately $752 per quarter
- Council Rates of approximately $1500 per annum
- Water Rates of approximately $875 per annum
Investor Summary:
- This property is currently tenanted on a fixed-term basis until April 2025 at $460 per week
- Market rent for 9/36 North Street is approximately $580 per week
- Based on a purchase price of $409,000, this property has an estimated rental yield of 5.84%
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services from settlement and beyond!
Approaching this modern, stylish unit, you'll be greeted by a secure complex featuring a rendered brick and metal exterior. The unit itself is at the rear of the complex in an elevated position with a large balcony. The complex itself can be accessed via another secure pedestrian gate and a remote-controlled vehicle gate, ensuring your safety and convenience. Visitor parking bays and a designated parking space welcome you home. Use the intercom to communicate with guests and deliveries!
Step inside to find a bright, open-plan living area designed with vibrant timber-look flooring and modern LED downlights. The living room boasts a large window that draws natural light into the space, and a glass sliding door that leads to a private balcony, perfect for hosting family and friends. A split-cycle air conditioner ensures comfort throughout the seasons.
The kitchen is a chef's dream, featuring sleek white overhead and underneath cabinetry, stone benchtops that wrap around in a U-shape, and a modern tile splashback. It includes a gas stovetop, built-in rangehood, double stainless steel sink, and a breakfast bar, all designed to make mealtimes special. An extra-wide fridge nook with overhead cupboards provides ample storage. There's also dedicated space for a dishwasher to be installed.
This home enjoys two spacious bedrooms. The master features a deep walk-in robe and ensuite bathroom, while the secondary bedroom shines with a built-in robe and an adjacent bathroom, perfect for your guests to use. Both bedrooms have vertical blinds, LED downlights, and carpet flooring. The bathrooms are modern and fresh, each with a shower, toilet, and a surprisingly good amount of space.
Stepping outside, you'll find a private balcony with beautiful timber ceiling, outdoor lighting, and privacy screen. This space - wow!
Additional features include an internal laundry off the main living space, bright paintwork throughout, and large windows that allow natural light to flood in. This home is currently leased for $460 per week until April 2025, making it an excellent investment opportunity or a future move-in-ready option.
To the surrounding area, you will find Midland Gate Shopping Centre, only approx. 1.5km walk, which serves all your needs with Woolworths, Coles, Big W, Kmart, Target, and many specialty stores. As for transport, there is a bus route along Lloyd Street, and Midland Train Station (with a new train station on the way!) is only around 1.9km away. Within walking distance, you have Corti Park and Weeip Park, which are both perfect for kids and pets to play. As for schools, Midvale Primary School is only approx. 15 mins walk, and La Salle College approx. 5 minutes short drive!
This is a beautiful unit with a brilliant design, ready to be used as an investment or to be moved into at settlement. There is a great private balcony to enjoy, while inside you have two large bedrooms and a spacious living area. There are quality features both indoors and out, and with the unit's location, you have everything you need quite close by. Make sure that you don't miss out!