2/245 Great Eastern HighwayMidland WA 6056
Property Details for 2/245 Great Eastern Hwy, Midland
Last Listing description (August 2022)
Burgess Rawson is proud to present this superbly located 293sqm* unit to the market for lease. The property enjoys prime exposure onto busy Great Eastern Highway with thousands of cars passing every day.The showroom/retail unit resides in a busy commercial complex and is complemented by established adjoining tenants.Located directly opposite the largest shopping centre in Perth's east, Midland Gate, which has recently undergone a $100M renovation and represents a new era for the area.Features include:- 293sqm* retail/showroom- 100sqm* Mezzaine- Massive business exposure- Rear access- Busy retail precinct with adjoining operating businessesThis presents as an excellent opportunity for a variety of businesses looking to capitalise on the prime exposure of this property in a tightly held commercial precinct.The property falls under the MRA 'Victoria Precinct where the following uses are considered:- Shop/Retail - Restaurant- Cafe - Consulting RoomsAsking Rent:$37,000pa + Outgoings + GST Outgoings:$58/sqm pa + GSTFor further information, please contact the exclusive leasing agent.*Approx
Property History for 2/245 Great Eastern Hwy, Midland, WA 6056
- 20 Jan 2020Listed for Rent $29,925 / year
- 24 May 2017Listed for Rent $49,810 / year
- 09 Apr 2014Listed for Rent $54,205 / year
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About Midland 6056
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 4,841 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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