Insite Property is proud to present 43/21 Foundry Road, Midland. Discover the charm and tranquillity of the prestigious Railway Square Precinct — a sought-after pocket on the edge of Woodbridge blending character, modern convenience and an exceptional lifestyle. Set on the second floor of "Victoria Quarters," built in 2016, this two-bedroom, two-bathroom apartment is a walk from St John of God Midland Hospitals, Curtin University's Midland campus and the brand-new METRONET Midland Station.
For investors, the timing is ideal: leased at $550 per week until 3 March 2027, income from settlement, with the hospital, university and new station driving steady tenant demand. First home buyers, take note — the Australian Government's 5% Deposit Scheme has no income caps and an $850,000 Perth cap, so eligible buyers may need as little as 5% down and pay no LMI.
Property Highlights
Built in 2016
Approx. 77sqm internal living area, 110sqm total lot area on title
Second floor of a secure complex of 70 residential and 6 commercial lots
High ceilings throughout
Two well-sized carpeted bedrooms, main with sliding-door balcony access
Two full bathrooms with full-height tiling, mosaic feature detailing and semi-frameless showers
Separate laundry with stainless trough, under-bench cabinetry and wall-mounted dryer
Open-plan living and dining with tiled entry
Galley kitchen with electric cooktop, under-bench oven, canopy rangehood, double-bowl sink and peninsula breakfast bar
Split-system reverse cycle air conditioning
Generous 16sqm tiled balcony with louvred privacy screening, off both living and main bedroom
Elevated outlook across the heritage Midland Railway Workshops
4sqm lock-up storeroom
13sqm car bay in the secure basement
Hallway storage cupboard
Currently leased at $550 per week until 3 March 2027 — approx. $28,600 per annum gross
Strata Admin fee: TBA
Strata Reserve fee: TBA
Location Highlights
Perfectly positioned for convenience, this Midland apartment places you approximately 400m from St John of God Midland Public and Private Hospitals, 350m from Curtin University's Midland health sciences campus, 900m from the new METRONET Midland Station, 1.3km from Midland Gate Shopping Centre, and around 25 minutes by train from the Perth CBD. The Midland Railway Workshops heritage precinct, Blacksmith Lane and the Coal Dam Park boardwalk are all on your doorstep, with Midland town centre, cafés, the historic Town Hall and Old Court House just across the tracks. With easy access to Great Eastern Highway and Roe Highway, this location is ideal for buyers wanting a low-maintenance home close to work, study, transport, shopping and Perth's eastern gateway.
For more information or to arrange your inspection, contact Andrew Patterson on 0401 076 690
