10/182-184 Middleton RoadMira Mar WA 6330
Property Details for 10/182-184 Middleton Rd, Mira Mar
10/182-184 Middleton Rd, Mira Mar is a 0 bedroom, 0 bathroom Unit and was built in 1970. The property has a land size of 887m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (August 2024)
This unique 887 sqm site offers an outstanding opportunity for those wanting to cash in on Albany's burgeoning demand for holiday accommodation. Almost adjacent to historic Strawberry Hill Farm and situated only four minutes' drive from glorious Middleton Beach in one direction and the CBD in the other, it's ideally located for easy access to tourist attractions and amenities.
Lot 10 is the remaining undeveloped plot within a residential strata scheme approved for use as short stay holiday accommodation. The 9 established 2x1 brick & Colorbond units within the complex are very neat, well maintained, and enjoying fantastic occupancy and net returns. The current owner of the vacant land for sale has plans to share for the construction of 3 double keyed units (each with 2 bedrooms, 2 bathrooms) and a disability friendly 2x1 unit that will fit within the site, including the required allowance for parking. However, other options for an entrepreneurial investor to consider are a Bed and Breakfast or Guest House. Taking advantage of the potential to build two storey will enable the developer to reap greater rewards with the creation of either a greater number of lettable units or larger building sizes.
Currently covered in lawn and with a number of established trees surrounding the perimeter of the site, providing a leafy canopy, the block overlooks a lake and is within a very picturesque setting. Positioned well back from the road and tucked away behind the existing units, the location is very quiet and peaceful, ideal for holiday guests wanting a relaxing place to unwind in between exploring all that the south coast has to offer.
The approved use for the scheme also allows owners to stay onsite up to three months a year, adding to its appeal to out-of-towners looking for a city bolt-hole for holidays or occasional overnight stays, knowing it will earn its keep between visits. Whoever builds on this site for sale will enjoy the same benefits for dual use.
Rarely do vacant blocks of land in this location and with this type of use become available to purchase. One has the choice of building and living off the income the short stay units generate or selling them off individually, or a combination of both.
It's an exciting proposition for buyers looking for a sound investment with potential for high returns in a tourist hot spot. To discuss your interest, please contact Lee Stonell on 0409 684 653 or lee@merrifield.com.au today.
What you need to know:
- Short-term holiday accommodation site
- Zoned Residential R25
- Remaining undeveloped parcel within an attractive, well-maintained complex
- Build and enjoy the same excellent letting returns that the established units are fetching OR build and sell the choice is yours
- Located between beach and town 4 minutes' drive either way
- Communal laundry for guest use already established
- Tranquil outlook over parkland and lake with ducks and birds
- Allocated car parking spaces
- 887 sqm block, all services available
- For investor's own use up to three months a year once built on
- Council rates $1,383.00 per annum
Property History for 10/182-184 Middleton Rd, Mira Mar, WA 6330
- 13 Oct 2024Sold for $275,000
- 16 Feb 2024Listed for Sale $299,000
- 18 Jul 2018Listed for Sale $300,000
Recent sales nearby
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0About Mira Mar 6330
The size of Mira Mar is approximately 1.5 square kilometres. There are 4 parks, covering nearly 8.2% of the total area. The population of Mira Mar in 2016 was 1757 people. By 2021 the population was 1890 showing a population growth of 7.6% in the area during that time. The predominant age group in Mira Mar is 50-59 years. Households in Mira Mar are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mira Mar work in a professional occupation.In 2021, 61.60% of the homes in Mira Mar were owner-occupied compared with 59.60% in 2016.
Mira Mar has 1,235 properties. Over the last 5 years, Houses in Mira Mar have seen a 101.92% increase in median value, while Units have seen a 105.78% increase. As at 31 August 2026:
- The median value for Houses in Mira Mar is $907,650 while the median value for Units is $593,855.
- Houses have a median rent of $750 while Units have a median rent of $440.
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