8 -10 Old Great Northern Hwy, MIDLAND, WA
Sold | $1,450,000 GST FreeVALUE ADD OPPORTUNITY - MIDLAND CITY CENTRE
A 2 level commercial development constructed on a 1,012m2 site, with rear Right of Way access, prominently situated on Old Great Northern Highway within Midland's CBD.
Current configuration comprises 4 ground floor retail tenancies of which 2 are currently leased returning $66,150 pa plus GST (approx), together with a substantial first floor office area, also vacant.
These vacancies provide a tremendous opportunity for both owner/occupiers to move in or investors to add value from leasing up.
Rarely do investments become available in this heritage precinct. Midland is poised for strong economic growth with construction soon to commence on the new 306 bed Midland Health Campus and the development initiatives of the Midland Redevelopment Authority.
For further information contact:
Luke Pavlos 0408 932 321
or
Brad Carey 0418 932 321