18A The Crescent Midland WA 6056
Property Details for 18a The Crescent, Midland
Last Listing description (August 2019)
Attractive retail/office unit in modern mixed-use building in central Midland. Brand new 3 year Lease just signed to Government Dept with 2x 3 year options. This Lease is so new the fitout hasnt even started yet!
GROSS Lease at $35,350pa (ex GST), plus 2 secure car bays leased casually at $30/week/bay, to show a Net return of approx 6.7% per annum with a very solid Tenant.
Situated directly opposite the brand new Quest Hotel, this quality ground floor unit is perfectly positioned in the heart of Midland's Town Centre to benefit from both local and tourist traffic. Just a short stroll from Midland Gate Shopping Centre & all the associates shops, cafes, banks and cinemas, plus you are also walking distance to the train & bus stations. Plus the medical or allied health professionals are only 1km from St John of God Hospital.
This is a fabulous opportunity for the smaller investor or SMSF
Property History for 18a The Crescent, Midland, WA 6056
- 25 Jul 2019Listed for Sale SOLD - $392,500
- 24 Jul 2019Sold for $392,500
- 13 Feb 2019Listed for Rent - Price not available
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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 4,845 properties. Over the last 5 years, Houses in Midland have seen a 113.24% increase in median value, while Units have seen a 133.28% increase. As at 30 April 2026:
- The median value for Houses in Midland is $815,839 while the median value for Units is $606,348.
- Houses have a median rent of $620 while Units have a median rent of $590.
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