Reiwa Reiwa
12/1 Minora Place, Rivervale WA 6103

12/1 Minora Place, Rivervale WA 6103

Sold price: $200,000
Sold
Sold: 01 Jul 2022

2 Bedrooms

1 Bathroom

Landsize 60m2

House

Contact the agent

Dane McKnight

0435377647

Salt Property Group


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

Cost breakdown

  • Council rates: $1,223 / year
  • Water rates: $1,325 / year
  • Strata fees: $673 / quarter

Nearby schools

St Augustine's School Primary Non-government 0.6km
Rivervale Primary School Primary Government 1.3km
Perth Individual Combined Non-government 1.5km
Lathlain Primary School Primary Government 1.7km
Belmont Primary School Primary Government 1.8km
St Clare's School Secondary Non-government 1.8km
Ursula Frayne Catholic College Combined Non-government 2.2km
Victoria Park Primary School Primary Government 2.4km
Carlisle Primary School Primary Government 2.4km
Trinity College Combined Non-government 2.4km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4596626