Fantastic development opportunity situated only 5 minutes to Optus Stadium, Burswood Casino & Belmont Racecourse redevelopment. Perfectly positioned with council approved dual access plan and high density R20/60 zoning the options are endless offering high return and future growth potential
GENERAL SITE INFORMATION:
*Four separate green titles totally 4282sqm.
*Existing duplex pair with great holding income.
*High density R20/60 residential zoning.
*Massive 130mt dual street frontage.
*Local council approved dual access plan.
*Well located sewer line & services in place.
*Development can be done in multiple stages.
*Close by to Belmont Shopping Centre
*5mins to Lathlain Park / Optus / Burswood.
*10mins to the Perth CBD / Elizabeth Quay.
FLEXIBLE PURCHASE OPTIONS:
The lots can be purchased separately or as one parcel depending on your development type and budget. The current owner will support your development investigations and formal applications with your offer.
Stage 1 - 1676SQM (1 LOT) = FR $1,100,000
Stage 2 - 2607SQM (3 LOTS) = FR $2,200,000
TOTAL 4282SQM (4 LOTS) = FR $3,300,000
DEVELOPMENT OPTIONS (STCA):
*Build brand new single level home/villas.
*Build brand new terrace style townhouses.
*Build brand new two/three level apartments.
*More development options available now.
*Quality in-house designer & builder available.
To find out more about this unique never to be repeated development site contact leading LOCAL agents DEVON KELLY 0417 936 277 or DANIEL KELLY 0456 180 575
This property at 6 Alexander Road, Rivervale is a four bedroom, two bathroom house sold by DEVON KELLY and Daniel Kelly at Laurie Kelly Real Estate on 12 Mar 2020.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Rivervale or see other recently sold properties in Rivervale.
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.
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.