2/1 Minora Place, Rivervale WA 6103

HASSLE FREE INVESTMENT!

Discover a smart investment with this stylish one bedroom apartment ideally situated in the heart of Rivervale's riverside precinct.

Located close to the City, Crown Entertainment Complex and Optus Stadium, this property offers unbeatable appeal for the gilt-edged investor.

Currently leased as a Motel until June 2029, with a current gross weekly rental return of $255.00. NOT available to an owner occupier under the current lease terms.
The lessor handles all the maintenance,

Features:
• Open plan living area
• Well appointed kitchen with gas cooktop
• One bedroom
• Ensuite bathroom with laundry facilities
• Ground Floor
• Great location

OUTGOINGS
Water Rates: $1127.00 pa
Council Rates: $1262.36 pa
Strata Levies: $671.40 pq
Strata Reserve: $116.25 pq

Property snapshot by reiwa.com

This property at 2/1 Minora Place, Rivervale is a one bedroom, one bathroom apartment listed for sale by Joe Raschilla at Central Paragon Property.

For more information about Rivervale, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Rivervale profile page.

If you would like to get in touch with Joe Raschilla regarding 2/1 Minora Place, Rivervale, please call 0412 525 466 or contact the agent via email.

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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 $913k

Median $760k

Low end $658k

14.7 %

Annual growth

$760k

Annual median sales price

$740pw

Annual median rental price

View Suburb Profile

FAQ's

The average number of selling days in Rivervale is 9 days.

Central Paragon Property has listed this apartment at 2/1 Minora Place, Rivervale for sale with a listing price of 'From $149,000'.

2/1 Minora Place, Rivervale has been viewed 32 times on reiwa.com, and has appeared 1,159 times in reiwa.com search results.

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2/1 Minora Place, Rivervale WA 6103