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216 Riseley Street, Booragoon WA 6154

Sold price: $1,360,000 Sold: 06 Sep 2024
Sold
  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 874m2
House
216 Riseley Street, Booragoon WA 6154

DISCOVER THE CHARM AND POTENTIAL

UNDER CONTRACT - MULTIPLE OFFERS WRITTEN - BUYERS MISSED OUT - MORE PROPERTIES WANTED!

ICONIC MODERNISM DESIGN
UNPARALLELED DEVELOPMENT POSSIBILITIES
RARE RETAIN AND BUILD POTENTIAL
DUAL CATCHMENT ZONE FOR ROSSMOYNE AND APPLECROSS S.H.S

ALL OFFERS BY 5PM TUESDAY, SEPTEMBER 3 (SELLER RESERVES THE RIGHT TO SELL PRIOR).

Step into a world where iconic 1970s modernism meets unparalleled development potential. 216 Riseley Street, Booragoon is a property that not only offers a large 874 sqm development site zoned R40 but also features a standout home designed by the celebrated Corser Homes — a true testament to futuristic design of its time.


ARCHITCTUAL HIGHLIGHTS:

* 1970s Modernism: This solid 4 bedroom, 2 bathroom residence, built in 1972, embodies the quintessential modernist aesthetic of its era. Designed and built as a display home, it reflects the innovative spirit of the 1970s with its clean lines, geometric forms, and open, flowing spaces that prioritize functionality and light.

* Award-Winning Design: Created by Corser Homes, renowned for their commitment to quality and design excellence, this home showcases a visionary approach to living spaces, blending practicality with distinctive style.

* Futuristic Appeal: The design elements, including expansive windows, integration with the surrounding environment, and sleek finishes, offer a glimpse into the future as envisioned over 50 years ago.


DEVELOPMENT OPPORTUNITIES:

* Retain and Develop: Maintain the charm of the existing home while creating a street-front lot for a new single level or two-storey construction—a rare find that provides flexibility and potential for significant returns.

* Multi-Dwelling Potential: With an R40 zoning, this large 874 sqm block offers the possibility of subdividing and developing into either two, three or four lots, taking advantage of the low supply and high demand for housing in this sought-after suburb.

* Renovate and Enhance: Refresh and modernize the current home, preserving its unique architectural features while adapting it to today’s living standards. This could also be a great opportunity to capitalize on the property’s underlying land value and "LAND BANK" for future growth.


This property is more than just a piece of land—it’s a slice of architectural history with endless possibilities. The blend of 1970s modernist design and the potential for future development makes 216 Riseley Street a standout choice for those looking to invest in both heritage and innovation.

Don’t miss your chance to own a piece of architectural history with remarkable potential.

ALL OFFERS BY 5PM TUESDAY, SEPTEMBER 3 (SELLER RESERVES THE RIGHT TO SELL PRIOR).

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property features

  • Garages 2

Property snapshot by reiwa.com

This property at 216 Riseley Street, Booragoon is a four bedroom, two bathroom house sold by Daren Schneider and Andrew Mulcahy at The Agency on 06 Sep 2024.

Looking to buy a similar property in the area? View other four bedroom properties for sale in Booragoon or see other recently sold properties in Booragoon.

Nearby schools

0.9km
Brentwood Primary School
  • Primary
  • Government
1.3km
Bateman Primary School
  • Primary
  • Government
1.3km
Booragoon Primary School
  • Primary
  • Government
Disclaimer

Booragoon overview

Booragoon is an established suburb with commercial areas located centrally within the City of Melville. Booragoon's development occurred between the 1960s and the early 1980s with a slight population decrease between 1991 and 2006, followed by another increase between 2006 and 2011.

Life in Booragoon

Characterised by its mix of parks, reserves, property and commercial sectors, Booragoon is a suburb with plenty of diversity on offer. Garden City Shopping Centre is the most notable commercial feature and one of the largest shopping centres within the Perth metropolitan area. In addition to the main shopping establishment, Garden City houses a cinema, public library, Melville City Council office and a major regional bus station. Other features in Booragoon are Melville Aquatic Fitness Centre, Booragoon Lake Reserve and local school, Booragoon Primary School.

Booragoon quick stats

High end $1.5m
Median $1.3m
Low end $1.0m
13.1 %
Annual growth
$1.3m
Annual median sales price
$750pw
Annual median rental price

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216 Riseley Street, Booragoon is a 4 bedroom, 2 bathroom house.

216 Riseley Street, Booragoon sold on 6/9/2024 for $1,360,000.
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