34 Elmsfield RoadMidvale WA 6056
Property Details for 34 Elmsfield Rd, Midvale
Last Listing description (October 2013)
LEASED INVESTMENT OR VACANT POSSESSION
THIS IS A GREAT OPPORTUNITY FOR COMMERCIAL INVESTORS, BOASTING AN APPROXIMATE 7% RATE OF RETURN AND TENANTED UNTIL 2017 WITH TWO FURTHER 5 YEAR OPTIONS. THE TENANT HAS BEEN IN OCCUPATION SINCE 2007. THE PROPERTY IS LOCATED IN THE BUSTLING MIDVALE BUSINESS CENTRE AND IN CLOSE PROXIMITY TO MAJOR ARTERIAL ROAD NETWORKS ROE HIGHWAY AND GREAT EASTERN HIGHWAY. A TOTAL LAND AREA OF 2499SQM COMPRISES A BUILDING OF APPROX 1203 SQM WITH REAR AND SIDE HIGH ROLLER DOOR ACCESS AND 30 CAR BAYS. THE OFFICE/SHOWROOM AREA OF APPROX 527SQM FLOWS INTO A HIGH TRUSS WAREHOUSE OF APPROX 436SQM WITH AN ADDITIONAL MESSANINE STORAGE AREA OF APPROX 298M2. CURRENT TENANT HAS OTHER OPPORTUNITIES AND WILL CONSIDER VACATING TO NEW PREMISES IF A BUYER WANTED VACANT POSSESSION. FOR MORE INFORMATION ON THIS FACTASTIC INVESTMENT OPPORTUNITY, CALL TODAY
Property History for 34 Elmsfield Rd, Midvale, WA 6056
- 20 Sep 2013Listed for Rent - Price not available
- 20 Aug 2013Sold for $1,345,000
- 22 May 2013Listed for Sale $1,475,000
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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 2,403 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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