19 Kay Place

Midland WA 6056

OFFER DEADLINE MONDAY 12PM 23 FEBWelcome home to this well-positioned home, close to all amenities and set on a spacious 678 square metre block - zoned R40 - for your future needs. Filled throughout with desirable features including split-system air conditioning, ceiling fans, two large bedrooms, central kitchen area and an outdoor patio area, this property provides a practical layout and plenty of opportunity.Property Highlights Total land size of approximately 678 square metres Total internal floorspace of approximately 81 square metres Originally built 1946 Tile & weatherboard build Parking to front with carport and drive-through access to backyard Large rear yard, with shed and outdoor patio Split-system air conditioning to living area Ceiling fans for a cool breeze Two bedrooms Bathroom with shower/tub combo Central kitchen/dining areaZoning: This property is currently zoned R40 The city council has advised that there may be subdivision ability into 2 lots (potentially 3) subject to planning conditions and approvals We recommend conducting due diligence and check planning & development requirements with the city council and WAPCInvestor Summary This property is currently leased on a periodic basis for $330 per week Current estimated market rent for this property is $550 - $600 per week Strong tenant demand in Midland area Future flexibility to renew, re-let, or owner-occupy at lease end A free updated rental appraisal can be provided upon readiness to re-lease to current or new tenants HouseSmart is active throughout Midland and surrounds and can provide high quality leasing and Property Management services throughout the course of sale and beyond Settlement.Rates & Fees Estimation: Water Rates: Approximately $798.28 per annum Council Rates: Approximately $1,763.21 per annumLocation Summary Minutes to Midland Gate Shopping Centre Public transport nearby including buses and Midland Train Station Easy access to Great Eastern Highway Close to local parks and schools, including TAFE, St. Brigids' Primary, and Midvale Primary School Convenient access to airport and major transport linksWith a secure lease already in place, this is a set-and-forget investment with immediate cash flow and flexibility at the end of the term to renew, re-let, or move in. Make the most of this large land parcel in the heart of Midland! For more information or to arrange a viewing, contact Adam Bettison on 0409 929 128.