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Huge Block! Keep It Rented While You Plan! R20/R40
DISCLAIMERS:
(1) Local Planning Scheme 15 Applies - 4.7.3 applies
(2) Purchasers are required to complete their own due diligence on this property prior to making an offer. The information contained in this advertisement are general in nature and no warranty is given by the Seller or the Seller's Agent to their accuracy.
Act fast or miss out on the opportunity to secure this great property. This property has a lot of opportunity. Retain and renovate, retain the original property, subdivide and sell the back, demolish and start a development from scratch. Potential to fit four new homes. You pick what suits your needs best!
The home itself currently has a secure lease in place paying $400 per week. Know that while you plan your subdivision you have income coming in from a very good and happy tenant.
Land Particulars:
• Land Size: 994 Sqm (approx.) R20/40
• Green Title
• Frontage: 19.78m (approx.)
• Rear Length: 19.78m (approx.)
• Right Side Length: 50.33m (approx.)
• Left Side Length: 50.33m (approx.)
• Orientation: South/North
• Council: City of Belmont
• Zoned: Zoning: R20/R40 - Note - Local Planning Scheme 15 section 4.7.3 applies.
• Council Rates: $ 1,467/a
• Water Rates: $ 1,100/a
House Particulars
• Existing double brick & tile three-bed home
• Renovated kitchen with s/steel appliances
• Polished jarrah boards & rev cycle split a/c
• Separate lounge room with open fireplace
• Renovated bathroom with deep bath/shower.
• Outdoor shed side carport and secure yard.
The location is ideal with easy access to public transport, schools, shopping, medical centers, major roads and Graham Farmer Freeway.
Ready to inspect? Contact Ashby Farrell directly on 0405 972 813 and book your private inspection
DISCLAIMERS:
(1) Local Planning Scheme 15 Applies - 4.7.3 applies
(2) Purchasers are required to complete their own due diligence on this property prior to making an offer. The information contained in this advertisement are general in nature and no warranty is given by the Seller or the Seller's Agent to their accuracy.
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 175 Surrey Road, Rivervale is a three bedroom, one bathroom house sold by Ashby Farrell at White Arch on 22 Mar 2023.
Looking to buy a similar property in the area? View other three 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
