PLUS HOLDING INCOME
Exciting Opportunity for a smart investor.
1076 sqm block with 25m frontage, and possible high density potential for up to 20 units under the Midland Activity Centre Structure Plan.
Many options for villas, multiple dwellings, aged care etc. etc.
Outstanding location in the heart of Midland, a two minute walk to Midland Gate Shopping Centre, and with quality modern villa developments situated on either side.
There is an existing duplex on the property, consisting of two older style units, brick and tile, 74sqm each, (on two separate titles).
These are currently tenanted and provide a useful income stream until you are ready to develop the site.
Please call Lesley Wilbraham for full particulars.
The size of Midland is approximately 4.4 square kilometres. There are 8 parks, covering nearly 6.8% of the 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 4,850 properties. Over the last 5 years, Houses in Midland have seen a 111.63% increase in median value, while Units have seen a 132.32% increase. As at 30 June 2026:
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