21 North Street

Midland WA 6056

81 m²

1012 m²

House

Brian Rasmussen, last sold this property on 16 May 2024 after 17 days on market.

Overview

Prime time for prime investment…

Looking for the perfect moment to invest? Now is the time! "Don't miss out on this excellent investment opportunity; it could yield significant returns." This property is a real gem, waiting to be developed to its full potential. Its prime location on North Street is within a short distance of Midland's city centre, Midland Gate, and the commercial centre, making it an ideal investment. With a 1012 sqm block (R60/80), this 3-bedroom fibro home offers endless development opportunities. Although it needs some maintenance and repairs, it can still be rented out, providing you with immediate returns. But the real profits lie in demolishing the house and constructing a unit or apartment development. And with the area undergoing significant redevelopment and the high demand for housing, any development on this site will surely bring in substantial profits with a quick turnaround. Don't let this chance slip away; take advantage of this amazing investment opportunity today! •Prime investment/development opportunity •Large 1012 sqm block (Zoned R60/80) •Within a short walk of Midland's city centre •Rent out while preparing development plans •Amazing investment opportunity •The house needs some TLC •Solar H/W, A/C and solar panels

Features

3 bedrooms

1 bathroom

1 carspace

81 m² floor area

1012 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Midland over the last 12 months, the estimated median property value of 21 North Street is $681.1k.

Median value

$681.1k

Estimated value range

$480k - $1.42m

Median days on market

Estimated value trend

17%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Midland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.