Sold
170 Alexander Rd, Rivervale WA 6103
Sold price: $1,250,000
Sold: 25 Mar 2022
Sold
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9 Bedrooms
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3 Bathrooms
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3 Cars
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Landsize 1,224m2
House
View
Rare Big Corner Block with Development Potential &
UNDER OFFER TO CASH BUYER!!!
This investors' dream property positioned on a 1224sqm corner block with R20/R30/R50/R100 zoning has huge development potential (Subject to Council Approval).
This property not only has great development potential, but also has an awesome rental income, it has THREE 3Bedroom Houses there and all of them already being rented out which will give you a good income while you hold and invest for the future capital gain Or planning for development.
Property Highlights:
- Corner Block size of 1224sqm
- Zoned R20/R50/R100 or R30 (for corner block only)
- THREE 3x1x1 established house on the site.
Multiple great potentials:
- Hold and invest for the future capital gain.
- Demolish and subdivide into multiple lots. (STCA)
- Potential multiple units of apartment (STCA)
**STCA: Subject to Council Approval
Fantastic Locations:
- Bus stop just at doorsteps
- Approx. 4 mins drive to Belmont Forum Shopping Centre
- Approx. 2 mins drive to Rivervale Primary School
- 750m walking distance to Faulkner Park.
- 500m walking distance to Belmont Oasis Leisure Centre.
- Local Childcare Centre only 450m away.
- Approx. 13mins drive to Perth CBD.
DISCLAIMER
We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
Property features
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Garages
1
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Carports
2
Property snapshot by reiwa.com
This property at 170 Alexander Rd, Rivervale is a nine bedroom, three bathroom house sold by Sean Seet at Starlight Property Group on 25 Mar 2022.
Looking to buy a similar property in the area? View other nine 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
$850k
Median
$718k
Low end
$632k
13.0 %
Annual growth
$718k
Annual median sales price
$650pw
Annual median rental price
