Leased Investments - Prime Midland Property
2-13/53 The Crescent, MIDLAND WA 6056
What to like
Six groups of properties within the strata complex at 53 The Crescent, Midland, are being offered for sale, providing opportunities for investors, owner-occupiers and developers.
About Midland:
Midland is a suburb and regional centre located northeast of Perth, Western Australia. Historically known as a railway town, Midland has evolved into a Strategic Metropolitan Centre and thriving commercial hub.
The suburb features a mix of residential, commercial and industrial precincts and serves as the administrative centre for the City of Swan. Key amenities include major shopping centres, a regional hospital and its strategic position as the gateway to the Swan Valley wine region.
Economy and Development:
• Strategic Centre: Midland is a designated Strategic Metropolitan Centre for Perth's eastern metropolitan region and is undergoing significant revitalisation.
• Commercial Hub: Midland is a major commercial centre, anchored by two shopping centres, Midland Gate and Centrepoint.
• Industrial and Residential: The area comprises industrial, commercial and residential precincts, with the Midland Redevelopment Area contributing to ongoing growth.
Midland is currently undergoing a major transformation, including the new Midland Railway Station and the redevelopment of the former Midland Oval precinct. This redevelopment has seen the construction of multiple multi-storey buildings, contributing to increased residential density and a growing population living and working within the Midland CBD.
Property Information & Description:
Developed in 1995, The Crescent Village Shopping Complex is located on the northern side of Midland Gate Shopping Centre.
The property is also situated within the New Junction redevelopment precinct, which encompasses the former Midland Oval site. The first residential tower to the north has been constructed, comprising 70 executive apartments.
The properties offer the benefit of existing holding income from long-term tenants, with one of the sale groups also providing flexibility for owner-occupiers.
For investors and developers, a vacant development site with Development Approval is also available, presenting an opportunity for purchasers with specialised use or fit-out requirements.
Sale Groups:
SALE GROUP 1 - Single Tenant
• Strata Lot 3 - 83sqm
• Total Strata Area: 83sqm
• Rent $29,049.96 PA Plus OG & GST
SALE GROUP 2 - Two Tenants
• Strata Lot 4 - 101sqm
• Strata Lot 5 - 136sqm
• Total Strata Area: 237sqm
• Total Rent $86,267.40 PA Plus OG & GST
SALE GROUP 3 - Part Leased Three Tenants - This site suits Owner Occupier
• Strata Lot 6 - 53sqm
• Strata Lot 15 - 58sqm
• Strata Lot 7 - 105sqm
• Strata Lot 8 - 197sqm
• Total Strata Area: 413sqm
• Estimated Fully Leased Income $136,006 PA Plus GST & OG
SALE GROUP 4 - Single Tenant
• Strata Lot 9 - 42sqm
• Strata Lot 10 - 97sqm
• Strata Lot 11 - 100sqm
• Total Strata Area: 239sqm
• Rent $78,000 Plus OG & GST
SALE GROUP 5 - Single Tenant
• Strata Lot 12 - 81sqm
• Strata Lot 13 - 56sqm
• Strata Lot 2 - 56sqm
• Total Strata Area: 193sqm
• Rent $69,617.04 PA Plus OG & GST
SALE GROUP 6 - Vacant Development Site
• Lot 16 - 2,016sqm
• Vacant land with Development Approval in place.
Purchasers may submit offers for multiple sale groups; however, the owners reserve the right to sell each group individually.
Expression of Interest and Offers to Purchase Closing Date - Wednesday 2 December 4:00pm AWST.
NO OFFERS PRESENTED PRIOR TO CLOSING .
All offers will be presented following the closing date on Thursday, 3 December 2026.
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While care is taken, this information is sourced from third parties and public sources, and areas and distances are approximate.
Buyers should conduct their own investigations, as no warranty is given, and details may change.