- Prime two level building- Land area 4,682 sqm- Improvements 1,500sqm- 105 approx on site car baysProperty Features- High exposure location - Suitable for a variety of uses and operators- Major on site parking - Zoned 'MRA Area'- Substantial improvements - 1,500sqm- Benefits from major recent investment into Midland public infrastructureIntroductionBurgess Rawson are pleased to offer for sale 344 Great Eastern Highway, Midland, a substantial two level building with ample parking.ImprovementsThe property comprises a two level brick and iron commercial building built in the 1980's. Internally the ground floor features reception, male and female change rooms, spa and sauna facilities. The first floor comprises an open plan area. The property has reverse cycle air conditioning. A large bitumenised car park with two street frontages surrounds the building. There are approximately 105 car bays on site.Land DetailsLot 300 on Diagram 94650 and being the whole of the land contained in Certificate of Title Volume 2131 Folio 352.Building Area1,500sqm*Land Area4,682sqm*ZoningThe subject property is zoned 'MRA Area' under the City of Swan Local Planning Scheme No. 17.Estimated Statutory OutgoingsShire Rates $ 21,886.32Water Rates $11,600.00Land Tax $12,832 .80Insurance $ 6,800.00Asking Price$2,995,000 + GST*Approx
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 4,847 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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