19/4 Wallsend Road, Woodbridge, WA 6056

Modern two bed / two bath apartment in high growth suburb. High Investment Return

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Description

Phone enquiries - please quote property ID 32867.

This quality-built two-bed / two-bathroom apartment is set near the center of the Midland CBD (1km) in the prestige enclave of Woodbridge. The apartment has modern S/S kitchen fittings such as oven/ cooktop, dishwasher etc. The unit has air-con (reverse cycle) throughout, carpeted or tiled flooring, and all window dressings. The apartment is on the top (third) floor with a northerly aspect from the unit's balcony and the complex has a lift for easy access. There is an exclusive car parking bay in the underground, secure car park (with a remote opening). The complex's operations are managed by a licensed Strata management company.
There is currently a single male tenant in place (at $460pw), for the previous 3 years, through to August 2024. He has proved to be a very good tenant (cleaning/rent etc) and has indicated he will renew (with a negotiated rent) if permitted.
Midland is an outer North Eastern suburban centre of Perth, currently experiencing urban renewal, both housing and industrial. It is at the junction of the Great North West Highway (from the mining areas of the Pilbara and Darwin) and Great Eastern Highway, (the main access road from the Eastern States) It has a large Shopping Centre at its heart, which has just had a completed makeover and expansion, It has a new 300-bed government hospital, along with associated medical supports (x-ray, specialist doctors etc.). It has extensive government operations, including a large police operations centre, and Landgate (WA Titles office) headquarters. There is now a new factory to construct new railway train sets for the Metroplex rail expansion program, to name a few. Private housing builds are extensive, but still not keeping up with requirements, thus the ever-increasing rental demand

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