24 Railway Parade Midland WA 6056

Located in the centre of Midland. This property is a corner block and has two buildings , each with its own street frontage. One is currently vacant and awaiting its new occupant or redevelopment, and the other is currently leased . The site given it location offers a range of future development opportunities.

Total Land Area approx. 931sqm corner lot
24 Railway Pde 167sqm Building - Vacant
1A Sayer Street 314 sqm Building set over two floors ( Leased) with a current rent $55,888.20 p.a. plus outgoings & GST
The property is already strata titles on 2 lots and is being offer For Sale jointly

The property is part of the 'Midland Strategic Regional Centre' The site is in the Development WA area and Part of The Victoria Precinct

The Victoria precinct focuses on Midland's traditional town centre core along Great Eastern Highway and the intended intensified development around the future Cale Street transit station.

Development intensity will increase near the future Cale Street transit hub, with high density mixed use development adding vibrancy, convenience and amenity to the expanded city centre.

Some of the features include:
Central Midland Location
Close to hospital
Close to new location of the Midland Railway Station
Easy access to the Midland Hospital via the new preposed Cale St extension across the railway line
Development opportunity with holding income
Occupancy opportunity with holding income

For more information and a copy of the Information Memorandum contact Cambell Giles

Set Date Sale - Closing 2pm (AWST) on Thursday 10th Feb 2022 - All Offers will be presented