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Modern Apartment - The Ideal First Home, City Base or Investment
Looking for a modern and convenient living space in a sought-after near-city location? Look no further than this appealing 1 bedroom apartment!
Perfectly situated on the ground floor within a quiet 2014-built complex, this apartment is the ideal investment or city base for country or FIFO owners, busy professionals, or savvy investors seeking a high-yielding rental property.
Step inside and be greeted by an array of impressive features, including split system air conditioning, a modern kitchen with stainless steel appliances, stone benchtops, and soft-closing cupboards, and an open-plan living area that provides ample space to relax and unwind, while remote controlled security gates provide peace of mind.
But what really sets this home apart is its unbeatable location. With easy access to Belmont Forum, convenient transport links to Orrong Road and Great Eastern Highway, and close proximity to the CBD, Perth Airport, Burswood entertainment precinct, and the cafes and restaurants of Victoria Park, you'll be perfectly positioned to enjoy all that this vibrant city has to offer.
With a large 52sqm of internal living, an undercover parking bay (13sqm), courtyard (9sqm), and storeroom (4sqm) included, this apartment offers everything you need for comfortable and convenient living, without breaking the bank.
Local Authority: City of Belmont
Council Rates: $1,373.48 per annum
Water Rates: $982.35 per annum
Strata Levy: $ 706.74 per quarter
Rental Estimate: $400 - $430pw
Property features
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Garages
1
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Toilets
1
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Floor area
78m2
Property snapshot by reiwa.com
This property at 5/216 Kooyong Road, Rivervale is a one bedroom, one bathroom apartment sold by Nik Jones at Jones Ballard on 15 May 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: $1,373 / year
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Water rates: $982 / year
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Strata fees: $706 / quarter
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
$850k
Median
$718k
Low end
$632k
13.0 %
Annual growth
$718k
Annual median sales price
$650pw
Annual median rental price
