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SOLD-Top floor apartment, top shelf investment.
If you're looking for somewhere close to the city to invest your hard earned money, I have found the perfect property for you. Live on the edge of the Swan River just moments away from all of the benefits that the city of Perth has to offer. This 1 bedroom come studio apartment is seriously the best possible option in this affordable price range.
Featuring a top floor location in a well cared for complex, with expansive 180 degree river views. This easy care property is already rented out to a long term tenant currently on a periodic basis. Paying $240 per week and willing to stay. This is either the perfect starter home for someone wishing to live in the heart of it all or; Rivervale's best addition to your portfolio.
Inside the home functions well as a studio but also has the option of independent living should you have guests around and want to close off your sleeping quarters. There is a neat and tidy bathroom and kitchen that are functional and easy care. With room to add improvements too if you have the imagination.
With the blinds open there are gorgeous river views right from your lounge but also plenty of space on your private balcony for that morning cup of coffee while you take in your own private backyard slice of the Swan River.
Call The Mitchell Brothers right now because you do not want to miss out on this opportunity.
Alex Mitchell - 0404 122 943
Nick Mitchell - 0415 833 131
Water rates: $733.59 p/a (approx.)
Council rates: $1243.70p/a (approx.)
Strata Costs: $750 per quarter
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract
Property features
Property snapshot by reiwa.com
This property at 27A/66 Great Eastern Highway, Rivervale is a one bedroom, one bathroom apartment sold by Nick Mitchell and Alex Mitchell at Porter Matthews Metro on 02 Jun 2023.
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.
Cost breakdown
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Council rates: $1,243 / year
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Water rates: $733 / 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
$910k
Median
$760k
Low end
$658k
14.7 %
Annual growth
$760k
Annual median sales price
$740pw
Annual median rental price
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