43 Spring Avenue, Midland, WA, 6056, Australia

Welcome to a brilliant opportunity to own a massive land parcel in the heart of Midland. Step on up and enjoy a well-designed home with an excellent combination of brand new touches and original elements - a modern kitchen, huge front living space, three large bedrooms, and a backyard ready for you to enjoy. Originally built in 1972, this block consists of 878 square metres, with a build size of around 111 square metres. Currently zoned R20/40, there may be future potential here for subdivision of the property.

Property Highlights:
- Three-bedroom, one-bathroom home in Midland
- 878 square metres land size
- 111 square metres built size
- Zoned R20/40
- Gated carport area
- 2x sheds to rear
- Large undercover patio
- Renovated modern kitchen area
- Stylish wooden finishes throughout
- Huge front living area
- Carpeted bedrooms
- Classic large windows throughout
- Please note, the air conditioner is not working and will be sold as-is.

Investor Summary:
- This property is currently vacant and ready for immediate leasing out or occupation
- Market rent for 43 Spring Avenue is approximately $450 per week
- Based on a purchase price of $480,000 and market rent, the estimated rental yield for this property is 4.89%
- HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services throughout the duration of the tenancy and beyond.

This home holds a prominent position on the street, set behind privacy bushes and with a secure fence creating privacy for the backyard. Opposite the home you have bushland, which provides a nice outlook for the front windows of the home. Drive up and park behind the secure gates, in the undercover carport area.

Coming in to the home, you are welcomed by the entry area, which has easy access to the living room, or through to the kitchen and bedrooms. These areas are all finished with a wooden flooring, and classical wooden touches to the doorframes and archway to the living area. The living area has a wide window looking out to the front yard, allowing a lot of light in, and the archway opens up to the dining area which creates a nice flow for moving about between the rooms.

The kitchen is set next to the dining area, for easy dishing of meals. There is plenty of bench space for cooking and working, as well as many cupboards for all your storage needs. Adding to this kitchen - which has been renovated since the property's build, to keep with current times - is the stainless steel sink, electric oven, rangehood, and large window providing a nice view to the backyard.

The bedrooms in this home are all quite a good size, and are carpeted to provide a nice comfortable feel. The main bedroom is the largest, but the other two are quite good size as well. This home is perfect for anyone who wants to settle in and enjoy all that it has to offer! Being currently vacant means that it is ready to occupy, or alternatively rent out, for a high estimated rental yield.

The bathroom is centrally located nearby the bedrooms, and has both a shower plus bath for added convenience. There is also a laundry room, from which you can access the rear yard. There is a clothesline for hanging out any wet clothes, and part of the yard is paved so you can easily walk around. The backyard is one of the best features of the home - spacious, yet well looked after, with a large maintained lawn area, garden area to the back, and two sheds for storage of all your goods.

Heading out of home, you have within walking distance St Brigid's Primary School and La Salle College (both approx. 15 min's walk), as well as North Metropolitan TAFE (approx. 11 min's walk). Just around the corner at Fawell Street is Koolbardie Park, which has a playground, grass area, basketball court and walking paths for your leisure. Within a short approx. 5 minute drive, you will be at Midland Gate Shopping Centre, which has all your essentials covered with department stores, grocery stores, cafe's, restaurants, and small good stores all at your convenience.

Situated in a prime location within Midland, you are within a short drive to everything you need as well as being walking distance to schools and parks. This property combines a central location, recent rejuvenation touches, beautiful classical elements and a fantastic land parcel with good zoning. Whether holding on to the property or renting it out, there is a lot to love about this home - so make sure not to miss out!