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HIGH YIELD INVESTMENT
Looking for a stylish and contemporary ground floor apartment that offers the perfect blend of comfort and convenience? This near-new single bedroom home, recently built in 2020, is designed for modern, resort style living and provides an exceptional lifestyle opportunity.
You will love:
Fully furnished: This fantastic investment property comes fully furnished which is included as part of the sale price making it ideal for your current and future tenants.
Private courtyard: Unique to this ground floor apartment is its large private and secure courtyard (44 square metres in fact!) with its own street access. Ideal for both entertaining or just catching some winter sunshine this is a luxury seldom enjoyed when living in an apartment complex.
Spacious Bedroom: Light, bright and with plenty of storage the bedroom is generous in size and functional in design.
Modern Bathroom: Featuring a sleek glass shower screen, floor-to-ceiling tiling, and quality fixtures and fittings this bathroom provides everything and more than you would expect in a modern home.
Open Plan Living: The open-plan living area combines kitchen, dining and lounge in one space and connects seamlessly to the courtyard creating and area perfect for both relaxation and entertainment.
Well Appointed Kitchen: The kitchen is equipped with modern appliances and includes a built-in microwave recess, stone bench tops, soft closing cabinetry and high-quality fixtures and fittings.
Amazing Amenities: Enjoy access to a spacious open-plan common room which includes a large dining and kitchen area. Complete with a pool table and air conditioning it is perfect for entertaining.
Well Equipped Gym: Say goodbye to expensive gym memberships because here you can stay fit and healthy with your own fully equipped gym.
Resort Style Outdoor Facilities: Relax in the sun lounge, cook up a feast in the BBQ area, or take a dip in the sparkling swimming pool. Every day is like living in a resort!
Prime Location: Situated in an outstanding location close to the Swan River, Perth Airport, Burswood Entertainment Centre, Optus Stadium and a short commute to the Perth CBD.
Other features that you will enjoy:
Well maintained secure apartment complex
High yielding investment property
8 Star Nathers energy rated construction
Surveillance cameras to building
Security access to building
Lockable storeroom
THIS PROPERTY HAS A CURRENT RENTAL LEASE IN PLACE UNTIL 20/4/2025 WITH A TENANT PAYING $590 / WEEK
Ideal for investors, make your enquiry TODAY!
Internal | 47m
Courtyard | 44m
Storeroom | 5m
Car bay | 13m
TOTAL | 109m
City of Belmont | $1,512 p/a
Water Corporation | $1,029
Strata Admin | $905 p/qtr
Strata Reserve | $55 p/qtr
Property features
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Floor area
47m2
Property snapshot by reiwa.com
This property at 6/5 Rowe Avenue, Rivervale is a one bedroom, one bathroom apartment sold by Tony de Graaf and Nicola Tobin at Bourkes on 15 Aug 2024.
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: $1,512 / year
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Water rates: $1,029 / year
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Strata fees: $905 / 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
$910k
Median
$760k
Low end
$658k
14.7 %
Annual growth
$760k
Annual median sales price
$740pw
Annual median rental price
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