3/3 Stanhope GardensMidvale WA 6056
Property Details for 3/3 Stanhope Gdns, Midvale
Last Listing description (May 2023)
This premier leased investment offers the discerning buyer a landmark freehold site that is tenanted by a long standing and established business, and a worldwide name in motorbikes since 1903. With a new 5 year lease just entered into, this is a long-term tenant who's name has been an outstanding feature on the highway for the past 5 years.Modern building with 1st-class fit out5 + 5 + 5 year lease covenant$147,285 + GST + Outgoings per annumFixed annual rent increasesThis is a location that has clearly had no expense spared by the tenant in creating a high-octane fit out that showcases the Harley Davidson brands diverse product lines and unique history. You don't have to be into your bikes to appreciate the high standard of this business operation.For more details on the lease and the property itself, please contact Alex Taylor from Realmark Commercial.
Property History for 3/3 Stanhope Gdns, Midvale, WA 6056
- 23 Nov 2022Sold for $2,505,000
- 28 Oct 2022Listed for Sale $2,500,000 (Going Concern)
- 07 Oct 2019Listed for Rent $89,990 / year
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About Midvale 6056
The size of Midvale is approximately 3.2 square kilometres. It has 4 parks covering nearly 12.9% of total area. The population of Midvale in 2016 was 1494 people. By 2021 the population was 2283 showing a population growth of 52.8% in the area during that time. The predominant age group in Midvale is 30-39 years. Households in Midvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Midvale work in a trades occupation.In 2021, 66.20% of the homes in Midvale were owner-occupied compared with 50.50% in 2016.
Midvale has 2,405 properties. Over the last 5 years, Houses in Midvale have seen a 112.00% increase in median value, while Units have seen a 271.92% increase. As at 31 December 2025:
- The median value for Houses in Midvale is $713,190 while the median value for Units is $569,749.
- Houses have a median rent of $655 while Units have a median rent of $350.
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