14/401 Great Eastern HighwayMidland WA 6056
Property Details for 14/401 Great Eastern Hwy, Midland
Last Listing description (March 2014)
SUPER EXPOSURE, FABULOUS LOCATION, GREAT OPPORTUNITY
Ideally situated in the heat of Midland this property is surrounded by both up & coming businesses and long established retailers and with one side already leased with excellent tenants, offers a wonderful opportunity to be part of the exciting hub that is Midland.
With the train station on your right, Helena Street at the corner & a short walk to Midland Gate Shopping Centre this is certainly one of the most sought after pockets in Midland that has fantastic exposure with super parking facilities.
This is a great opportunity for commercial investors, boasting an approx 7-8% rate of return if both sides are rented, figures based on one side tenanted, with the opportunity to either use the 2nd side as your own office or else rent with a nice secure tenant to give you a great return for many years.
For further information on this fantastic investment opportunity, call today.
Property History for 14/401 Great Eastern Hwy, Midland, WA 6056
- 08 Nov 2022Sold for $883,000
- 14 Aug 2013Listed for Sale 1250000
- 11 Jul 2012Listed for Rent $34,000 / year
Recent sales nearby
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About Midland 6056
The size of Midland is approximately 4.4 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Midland in 2016 was 5972 people. By 2021 the population was 6335 showing a population growth of 6.1% in the area during that time. The predominant age group in Midland is 20-29 years. Households in Midland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midland work in a community and personal service occupation.In 2021, 34.60% of the homes in Midland were owner-occupied compared with 37.70% in 2016.
Midland has 4,847 properties. Over the last 5 years, Houses in Midland have seen a 110.76% increase in median value, while Units have seen a 132.18% increase. As at 31 March 2026:
- The median value for Houses in Midland is $794,741 while the median value for Units is $599,131.
- Houses have a median rent of $620 while Units have a median rent of $580.
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