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Subdivisible Unrivalled River Panorama
YOUR POTENTIAL
Superbly elevated, with unrivalled river panorama, this huge 1174m2 allotment occupies one of the most spectacular positions you could imagine! This parcel of prime, blue chip rivers edge real estate has sweeping river views and represents a once in a lifetime opportunity to buy a riverfront property in one of the best locations in East Fremantle. The river is a constant presence, with views over to Cantonment Hill and the cranes of the port, across to North Fremantle, and along the meandering waters to Mosman Park.
The existing 1950's three bedroom, one bathroom home provides the perfect holding income whilst waiting for subdivision and/or building approvals to be obtained. Diversify your portfolio with a tangible asset offering both immediate rental income and long-term appreciation potential.
This premium piece of R30 zoned subdivisible real estate provides a rare opportunity indeed for the astute investor/developer to unlock its lucrative potential and maximise returns. Or should anyone be looking for the perfect expansive river panorama block to build their dream home, then look no further.
YOUR LOCATION
it's easy to become captivated by the river lifestyle as you observe the changing light at different times of day, the boats, the walkers, and cyclists down below on the riverside path and the magical presence of playful dolphins. Indulge in a leisurely stroll down to Dome Café or have a meal or drink at The Left Bank, Sweetwater Roof Top Bar, and the ever-popular George Street Precinct with its cafes, shops and restaurants. It is also located in the amazing Richmond Primary School catchment, and Fremantle College, Melville Senior High School secondary school and the outstanding John Curtin College of the Arts secondary school catchments.
Embrace this outstanding riverside opportunity in sought after East Fremantle and enjoy unlocking its unique potential.
- Block Size: 1,174m2
- Council Rates: $2,715.25 pa
- Water Rates:$1,526.60 pa
Property features
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Garages
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Property snapshot by reiwa.com
This property at 37 Riverside Road, East Fremantle is a three bedroom, one bathroom house sold by Cam McGregor at Abel Property Sales on 01 May 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in East Fremantle or see other recently sold properties in East Fremantle.
Cost breakdown
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Council rates: $2,715 / year
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Water rates: $1,526 / year
Nearby schools
East Fremantle overview
East Fremantle is a suburb with great respect for its history and heritage. Established in 1897 after separating from the greater Fremantle area, the town has made every effort to resist the push for infill development and has actively encouraged retention of the many heritage homes, gardens and streetscapes iconic to the area.
Life in East Fremantle
George Street is the main entertaining strip in East Fremantle with numerous restaurants, bistros and bars an attraction for both locals and visitors. The Left Bank Café, Bar and Restaurant is a much loved establishment, which basks in beautiful river views. Located just a few kilometres from the Fremantle city centre, East Fremantle residents enjoy proximity to everything from retail outlets, boutique shops, café's, restaurants, pubs, bars and nightclubs. The suburb is well served by public transport and is home to the East Fremantle Football Club and the East Fremantle Yacht Club.
East Fremantle quick stats
High end
$2.3m
Median
$1.8m
Low end
$1.4m
6.8 %
Annual growth
$1.8m
Annual median sales price
$820pw
Annual median rental price
