71/21 Foundry RoadMidland WA 6056
Property Details for 71/21 Foundry Rd, Midland
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.
Property History for 71/21 Foundry Rd, Midland, WA 6056
- 15 Aug 2025Sold for $457,000
- 29 Jul 2025Listed for Sale SOLD BY CON PAIOFF
- 21 Nov 2016Listed for Rent $31,360 / year
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0About 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 4,847 properties. Over the last 5 years, Houses in Midland have seen a 110.76% increase in median value, while Units have seen a 132.18% increase. As at 31 March 2026:
- The median value for Houses in Midland is $794,741 while the median value for Units is $599,131.
- Houses have a median rent of $620 while Units have a median rent of $580.
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