71/21 Foundry Road, Midland, WA 6056 sold on 20 August 2025 | OnTheHouse
 
SOLD
Sold on 20 Aug 2025 - Price Unavailable

71/21 Foundry Road
Midland WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 98m2
Land area: 122m2
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Property Details for 71/21 Foundry Rd, Midland

Building Type
Commercial
Floor Size
98m2
Land Size
122m2

Last Listing description (August 2025)

Leased Retail Commercial Investment - Approx 7% Net Return

Selling Perth Real Estate are excited to offer this leased retail shop to the market.

Currently leased as a Café, this shop is part of the Victoria Quarter complex which comprises a vibrant mix of 70 apartments and ground floor commercial units.

Strategically located within close walking distance to the state of art St John Of God Public & Private Hospitals and Midland Gate Shopping Centre.

Tenancy Details:
- Rent: $31,360 Per Annum plus GST plus Outgoings
- 2 Year lease plus 3 Year option
- Lease Commencement: 1 March 2024
- Outgoings payable by the tenant
- Market Rent Review Dates: 01/03/2026, 01/03/2027 and 01/03/2028

Property Details:
- Floor area of 98 sqm
- Tandem car bays for 2 vehicles comprising an area of 24 sqm
- Total Strata Area of 122 sqm

Outgoings (2024/2025):
- Council Rates: $2,507.00 per annum approx.
- Water Rates: $1,467.00 per annum approx.
- Strata Levy: $3,032.00 per annum approx

For further information or to arrange an inspection please contact Con Paioff on 0407 947 449 or con@sellingperth.realestate.

Disclaimer: All information provided is deemed to be reliable but is not guaranteed and should be independently verified by the buyer.

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Property History for 71/21 Foundry Rd, Midland, WA 6056

A timeline of how this property has performed in the market
Last Sold
20 Aug 2025
Listed for Rent
$601/w
30 May 2017
  • 15 Aug 2025
    Sold for $457,000
  • 29 Jul 2025
    Listed for Sale SOLD BY CON PAIOFF
  • 21 Nov 2016
    Listed for Rent $31,360 / year
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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 4,809 properties. Over the last 5 years, Houses in Midland have seen a 107.28% increase in median value, while Units have seen a 105.65% increase. As at 30 November 2025:

  • The median value for Houses in Midland is $716,881 while the median value for Units is $489,105.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 35 properties listed for sale, and 11 properties listed for rent in Midland on OnTheHouse. According to Cotality's data, 331 properties were sold in the past 12 months in Midland.

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