1/5 Park Road, Midvale WA 6056

Opportunities like this are becoming increasingly rare. With property prices on the rise and limited stock available under $500,000, this home is a fantastic chance to step into the market without stretching your budget. Neat and tidy in presentation, the property remains in original condition, perfect for those who want to add value over time. While it could benefit from some cosmetic upgrades, it’s completely liveable as is, giving you flexibility to renovate at your own pace or simply enjoy the steady returns. Currently leased at $480 per week until 11th November, 2025 offering immediate income Excellent location – walking distance to transport, moments from Midland’s shopping, medical, and lifestyle facilities Affordable levies at $270 per quarter (due to be reviewed in October) Planned roof maintenance will further lift the look and appeal of the complex One of the few remaining properties available below $500,000 in this area Midvale is a highly sought after suburb, prized for its convenience, affordability, and strong rental demand. Investors will appreciate the reliable returns, while first home buyers will see the potential to create a stylish home in a central location. In today’s market, where affordable homes are harder and harder to find, this is a golden opportunity to secure your future at a price point that’s fast disappearing. Act quickly – at this price, it won’t last. WATER RATES: $980.17