9/158 Middle St, Cleveland is a 2 bedroom, 2 bathroom Unit and was built in 2000. The property has a land size of 64m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2001.
RARELY AVAILABLE POSITIVELY GEARED INVESTMENT
THERE ARE 25 LOTS IN THE COMPLEX EACH CONTAINING 2 UNITS EACH
2 x 1 BEDROOM UNITS
2 x RENT RETURNS $500pw COMBINED
1 x RATES $983.83 PER QUARTER INCLUDING WATER
1 x BODY CORP $115.88 PW COVERS BOTH
* 2 Separate units - each have 1 bedroom & 1 bathroom, kitchenette (no oven or stove), lounge and private courtyard
* Wheelchair friendly access to units and common areas throughout quiet complex
* Ideal for investors - great long term existing tenants
* No exit fees apply at all - over 55's complex with waiting list of tenants
* 1 lot of rates & body corp fees only
* Oversized community hall for dining, activities & library
* Residents can choose to opt in to lunch and dinner packages on-site
Lease expires 31/01/2022
* photos used are from 2013 as properties are currently tenanted
The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of total area. The population of Cleveland in 2016 was 14801 people. By 2021 the population was 15850 showing a population growth of 7.1% in the area during that time. The predominant age group in Cleveland is 60-69 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation.In 2021, 66.80% of the homes in Cleveland were owner-occupied compared with 62.20% in 2016.
Cleveland has 9,174 properties. Over the last 5 years, Houses in Cleveland have seen a 89.28% increase in median value, while Units have seen a 105.11% increase. As at 30 April 2026:
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