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135 Orrong Road, Rivervale WA 6103

Sold price: $768,000 Sold: 16 May 2023
Sold
  • 7 Bedrooms
  • 2 Bathrooms
  • 3 Cars
  • Landsize 824m2
House
135 Orrong Road, Rivervale WA 6103

MULTIGENERATIONAL LIVING WITH HUGE RENTAL RETURN

This unique property in Rivervale features two homes side by side on an 824m2 block.

The front home is a cozy cottage built in the 1950s and features four large bedrooms, one bathroom, and a large open-plan kitchen living area at the rear of the property.

The home has jarrah flooring in bedrooms, hallway, and floor tiles in the kitchen and living zones, and has 3 airconditioning units throughout the home. The cottage has a double garage and a large fenced area for kids and pets to play. Surrounded by beautiful lush trees, this property has the potential to be renovated and made into a family lovely home. The estimated potential income for this property is between $500-$550 per week.

The back home was built in 2017 and has three bedrooms, and one bathroom, and has been finished with neutral decor. Timber-look laminate flooring throughout while the bedrooms have carpet.

The home has a large open-plan living area, kitchen, and dining area that is bright and airy. The kitchen has been completed with high-quality stainless steel appliances, a gas cooktop, and air conditioning throughout the home. The estimated potential income for this property is between $450-$480 per week.

The property is conveniently located only 5km from the Perth CBD and offers access to many attractions including the Optus Stadium, Crown Perth Entertainment Precinct, Swan River, East Perth, and Gloucester Park.

The property is also just a short drive from key facilities such as the bustling cafe strip of Victoria Park, Belmont Forum, Belmont Oasis Swimming Complex, Reading Cinemas, Domestic and International Airports, Ascot and Belmont Racecourses, along with Mineral Resource Park.

This is a great opportunity for those looking for two houses with only one rates notice or those wanting to keep Mum and Dad nearby for babysitting.

R20/R40
City of Belmont | $3,090 p/a
Water Corporation | $1,819 p/a

Property features

  • Air conditioned  
  • Garages 2
  • Carports 1

Property snapshot by reiwa.com

This property at 135 Orrong Road, Rivervale is a seven bedroom, two bathroom house sold by Steven Webster and Sandra Gardiner-Wilson at Bourkes on 16 May 2023.

Looking to buy a similar property in the area? View other seven bedroom properties for sale in Rivervale or see other recently sold properties in Rivervale.

Cost breakdown

  • Council rates: $3,090 / year
  • Water rates: $1,819 / year

Nearby schools

0.6km
Lathlain Primary School
  • Primary
  • Government
0.7km
St Clare's School
  • Secondary
  • Non-government
0.9km
St Augustine's School
  • Primary
  • Non-government
Disclaimer

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

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FAQ's

135 Orrong Road, Rivervale was sold by Steven Webster and Sandra Gardiner-Wilson at Bourkes.

You can contact the agent here.

135 Orrong Road, Rivervale sold on 16/5/2023 for $768,000.
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