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SUPER INVESTMENT OPPORTUNITY - ENTIRE APARTMENT COMPLEX
Incredible investment opportunity 3 apartments on one title with quality finishes. Listed on one green title this apartment complex is for sale. Comprising 3 apartments, all 2-bedroom 1 bathroom with stunning kitchens, airconditioned living and high ceilings. Well, built and to be sold as one lot not individual apartments for sale.
Current owner has gone for high end finishes and currently all apartments are tenanted. If you are looking for an investment for yourself managed super fund with high yield, then this is it. Earning potential $500 to $550 per apartment.
1 apartment downstairs and 2 apartments upstairs.
Apartments 2 & 3 on periodical leases.
Apartment 1 just signed a 12-month lease.
• 3 of 2-bedroom 1-bathroom apartment
• High ceilings
• Air-conditioned living
• Courtyard to ground floor apartment
• Balcony to upstairs apartment
• Good sized living space
• 1 car bay per apartment
• Storage unit for each apartment
• Solid construction
• Short walk to Belmont Forum, town centre and all the modern facilities.
• 10 mins to Vic Park Strip, Optus Stadium, Burswood Casino & Perth Airport.
• Council rates - $4415 approx / Water rates - $3247 approx
Unique investment opportunity awaits. Call for more details.
Property features
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Air conditioned
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Carports
3
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Toilets
3
Property snapshot by reiwa.com
This property at 183 Surrey Road, Rivervale is a six bedroom, three bathroom apartment sold by Craig Goodridge at WELSH Real Estate on 03 Jun 2024.
Looking to buy a similar property in the area? View other six bedroom properties for sale in Rivervale or see other recently sold properties in Rivervale.
Cost breakdown
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Council rates: $4,415 / year
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Water rates: $3,247 / year
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
