Burgess Rawson is delighted to offer to the market Midland City MG at 192 Great Eastern Highway, Midland WA for sale via Private Treaty.This property investment highlights include:+ Twelve (12) year lease to 2030 plus options to 2055.+ Substantial security with $462,343 Bank Guarantee.+ Landlord-favourable, attractive net lease terms with the tenant responsible for outgoings including rates, land tax, insurance and maintenance.+ Highly sought after Annual CPI plus 1% rent reviews.+ 1,116sqm* of freestanding dealership incorporating showroom, office and workshop.+ Landmark 3,617sqm* corner site (two (2) titles) with a combined 100 metres* frontage including 38 metres* along Great Eastern Highway+ Exposure to 26,000 vehicles passing daily.+ Booming Car Sales Industry: 97,202 new car sales sold across Australia in April 2024 up 18.3% Year-on-Year.+ Midland average number of vehicles per household is 1.9, well above the national average of 1.76.+ Strategically located within the Midland dealership precinct, which is home to Kia, Suzuki, Hyundai, LDV, Nissan and more.+ Midland: Growing residential precinct, 20km* from the Perth CBD, with population forecast to grow 44% by 2051.+ Net income: $369,654 pa * + GST **To be sold by Private Treaty.*Approx** Includes COVID deferred income
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 4,845 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:
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