Reiwa Reiwa
173 Knutsford Avenue, Rivervale WA 6103

173 Knutsford Avenue, Rivervale WA 6103

Sold price: $780,000
Sold
Sold: 23 Feb 2024

3 Bedrooms

1 Bathroom

1 Car

Landsize 774m2

House

Contact the agent

ProProperty Group


***UNDER OFFER***

Unlock Unprecedented Potential in Rivervale's Prime Locale!

Step into a world of opportunity with this expansive land parcel, positioned in the heart of the highly coveted Rivervale area. Priced at land value, this property stands as an unbeatable proposition for savvy investors and renovators alike.

Highlight Features:
• Expansive 774sqm Land Parcel: Situated in a prime Rivervale location.
• 1940s Charm Awaiting Revival: Includes a character-filled 1940s 3x1 home in need of renovation, alongside a double garage and a versatile granny flat-adding layers of potential to the land's base value.
• High-Density Development Zone: The R20/50/100 zoning may lend itself to a range of possibilities, subject to council approval.
• Double the Potential with Adjacent Property: Seize the unique opportunity to acquire the neighbouring property at 175, which is also available for purchase to the buyer of 173, and amalgamate into a super site of 1,390sqm, enhancing any development prospects.
• Enviable Location: Enjoy proximity to Crown Casino/Towers, Optus Stadium, Ascot Racecourse, and Belmont Forum, blending tranquility with easy access to top-tier entertainment and shopping.

This property not only offers significant land value but also comes with the added benefit of existing structures, presenting a wealth of renovation or redevelopment possibilities. If amalgamated with the adjacent property, the possibilities are truly limitless, making this an unparalleled investment opportunity in Rivervale.

Act Now:

Photos, inspections, and home opens are on the horizon towards the end of this month, if not sold prior. With high demand and interest already peaking, now is the time to make your move.

Don't let this once-in-a-lifetime opportunity slip through your fingers. Contact Johnathon today for more information and to explore the full potential of this remarkable offering.

Being sold at land value only, as-is, where-is.

Transform this prime Rivervale land into your next success story!

Property features

  • Garages 1
  • Toilets 1
  • Floor area 93m2

Cost breakdown

  • Council rates: $1,452 / year
  • Water rates: $1,089 / year

Nearby schools

Cloverdale Primary School Primary Government 0.7km
Cloverdale Education Support Centre Primary Specialist 0.7km
Belmont City College Secondary Government 0.8km
Rivervale Primary School Primary Government 0.9km
Carlisle Primary School Primary Government 1.2km
Notre Dame Catholic Primary School Primary Non-government 1.5km
Australian Islamic College - Kewdale Combined Non-government 1.8km
Lathlain Primary School Primary Government 1.9km
Kewdale Primary School Primary Government 2.0km
St Clare's School Secondary Non-government 2.0km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4781079