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Premium Living or High-Yield Investment in The Springs
2/2 Rowe Avenue, Rivervale WA 6103
1 Bed | 1 Bath | 1 Car | 88m² Total Area | 54m² Internal | Built 2015
Offers Closing:
All offers presented by 5 PM, 23/06/2026 (unless sold prior).
*(The seller reserves the right to sell prior to the end date.)*
Affordable First Home | Convenient for downsizer | Young professional's lifestyle |High-Yield Investment in the Premier Springs Precinct
Hendrick Heo & Sam Cho from S-Class Property Group present a highly practical, set-and-forget investment opportunity in the FLO Apartments. Built in 2015 and located on the ground floor for highly convenient access, this well-maintained one-bedroom, one-bathroom apartment offers a functional 54m² internal layout.
With a rock-solid fixed-term lease already in place securing an exceptional $660 per week until January 2027, this asset delivers immediate, reliable cash flow from day one, positioned in one of Perth's most strategically connected riverside enclaves.
Investment & Lifestyle Potential:
• Immediate High Yield: Currently returning $660 per week on a fixed-term lease until 16/01/2027, providing absolute income security and outstanding ROI for investors.
• Resort-Style Amenities: The FLO complex offers residents access to premium facilities, including a secure outdoor swimming pool and a paved deck lounging area.
• The Springs Precinct: A highly desirable, master-planned riverside community offering rapid access to the Swan River, Optus Stadium, Crown Casino, and the Perth CBD.
• Existing fixed-term lease at $660 P/W by Jan 2027 (One of the best tenants S Class has seen)
• The latest rental appraisal is between $680 - $700
Property Highlights:
The property benefits from ground-floor access and is finished with a modern, low-maintenance specification.
The well-proportioned bedroom is comfortably carpeted and features full-height mirrored sliding wardrobe doors for ample storage.
The apartment is serviced by a highly practical bathroom presenting a clean aesthetic with a wood-look vanity, a white penny-round tiled splashback, and a glass-screened shower featuring modern grey wall tiling.
A dedicated laundry space provides high utility, equipped with a stainless-steel sink, built-in wood-look storage cabinetry, and overhead shelving.
Location Highlights (Approx.):
* 150m to Cracknell Park
* 200m to Swan River cycle paths and walkways
* 850m to Burswood Train Station
* 1.4km to Crown Casino
* 1.6km to Optus Stadium
* 4.6km to Perth CBD
* 7.2km to Perth Airport
Outgoings (Approximate):
• Council Rates: $1659 p.a. (25-26)
• Water Service Charges: $1,064.17p.a.
• Strata Levies: $1,075.59 p.q. (Admin) + $123.75 p.q. (Reserve) = $1,199.34 p.q
Contact the Selling Agents:
Secure this high-yield, premium-location asset today!
Hendrick Heo
0478 555 391
[email protected]
Sam Cho
0497 899 978
[email protected]
Thinking of Selling?
We urgently require more properties to meet strong buyer demand in Rivervale and the Springs Precinct. Contact S-Class Property Group today for a factual, data-driven market appraisal.
*Disclaimer: Whilst every care has been taken in preparing this advertisement, all information provided by the seller and agent is in good faith. Buyers are encouraged to conduct their own due diligence to verify details. Floor plan measurements are approximate.*
Property features
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Garages
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Property snapshot by reiwa.com
This property at 2/2 Rowe Avenue, Rivervale is a one bedroom, one bathroom apartment sold by Hendrick Heo and Sam Cho at S CLASS PROPERTY GROUP PTY LTD on 26 Jun 2026.
Looking to buy a similar property in the area? View other one 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
$1.3m
Median
$1.0m
Low end
$900k
23.0 %
Annual growth
$1.0m
Annual median sales price
$727pw
Annual median rental price
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