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1822sqm block zoned R20/40
To be sold via Expressions of Interest closing 19th December 2019 at 4pm (unless sold prior to).
This is an exceptional opportunity to secure a quality city fringe development site only 6 kms out from Perth CBD. The property itself offers a 1822sqm block zoned R20/40 with 5 dwellings on there. All 5 dwellings offer 3 bedrooms, 1 bathroom, separate lounge rooms and a kitchen/meals area. The site provides 2 street frontages, one facing Kooyong Road and the other facing Fitzroy Road each with a 20.12m frontage.
Your development options include the following:
1) Renovate and sell the existing dwellings
2) Build up to 6 villas (subject to council approval)
3) Build up to 8 townhouses (subject to council approval)
4) Build up to 18 apartments (subject to council approval)
5) Create vacant lots (subject to council approval)
Within Close Proximity:
Public transport
St Augustines School
Rivervale Primary School
Belmont Forum
Perth CBD
Domestic and International Airport
Direct Factory Outlet
Crown Entertainment Complex
Optus Stadium
THE PROPERTY IS BEING SOLD UNDER INSTRUCTIONS BY THE DEPARTMENT OF COMMUNITIES – HOUSING AUTHORITY
For more information or a private inspection please contact Anil Singh on 0423 276 674 or email [email protected]
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property features
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Garages
5
Property snapshot by reiwa.com
This property at 161 Kooyong Road, Rivervale is a fifteen bedroom, five bathroom house sold by Anil Singh at Bellcourt Property Group South Perth on 20 Dec 2019.
Looking to buy a similar property in the area? View other fifteen bedroom properties for sale in Rivervale or see other recently sold properties in Rivervale.
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
