Sold
12/1 Minora Place, Rivervale WA 6103
Sold price: $200,000
Sold: 01 Jul 2022
Sold
-
2 Bedrooms
-
1 Bathroom
-
Landsize 60m2
House
View
Securely Leased Investment
If you're looking to build your investment portfolio, this Rivervale apartment needs to be looked at!
Securely leased to the Burswood Lodge Motel for the next four years and offering an annual gross return of 6.6%, this ROI is significantly more than most residential investment opportunities in Perth making it an excellent procurement for a self managed super fund.
The location is pretty amazing considering the property is within:
• 10 minutes from Perth CBD (5.6kms)
• 1 minute from the Swan River foreshore (250m)
• 4 minutes from Crown Entertainment Complex (2kms)
• 4 minutes from Perth Stadium (2kms)
• 6 minutes from Belmont Forum (3.5kms)
• 7 minutes from Albany Hwy Food & Beverage precinct (3.5kms)
The apartment itself is on the top floor of the complex and presents very well. The living spaces are spacious, comfortable and recieve an impressive amount of natural light. Some of the noteworthy inclusions are:
• Light and bright kitchen with an open plan living and dining area
• Gas cooking
• Private balcony
• Split system air conditioning
• Two well sized bedrooms
• Large bathroom
• Internal laundry facilities
• Ample car parking
• NBN Connected
All of the furnishings are included in the sale. For a copy of the floorplan, property disclosures and to arrange a viewing, contact the sales agents at Salt Property Group.
Property features
-
Toilets
1
-
Floor area
60m2
Property snapshot by reiwa.com
This property at 12/1 Minora Place, Rivervale is a two bedroom, one bathroom house sold by Dane McKnight at Salt Property Group on 01 Jul 2022.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Rivervale or see other recently sold properties in Rivervale.
Cost breakdown
-
Council rates: $1,223 / year
-
Water rates: $1,325 / year
-
Strata fees: $673 / quarter
Nearby schools
Rivervale overview
Rivervale is a predominantly residential area spanning three square kilometres. Established in the 1840s, significant residential development did not occur until the 1950s and 1960s.
Life in Rivervale
Rivervale's family-friendly lifestyle is an appealing feature of the inner-city suburb. There are numerous parks and ovals, such as Wilson Park, which features a number of netball courts open for public use, as well as a playground and community centre.
The Kooyong Road Shopping Strip features a large IGA, chemist, butcher, post office, take away food outlets, with the Belmont Forum the closest shopping centre. There are two local schools in Rivervale including St Augustine's Primary School and Rivervale Primary School. Many homes in the suburbs are also catered for by the nearby suburbs schools such as Carlisle and Lathlain.
Rivervale quick stats
High end
$910k
Median
$760k
Low end
$658k
14.7 %
Annual growth
$760k
Annual median sales price
$740pw
Annual median rental price
