Sold
7/48 Riversdale Road, Rivervale WA 6103
Sold price: $498,000
Sold: 28 Feb 2023
Sold
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1 Bedroom
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1 Bathroom
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1 Car
Apartment
View
SOLD by Listing Toolbox
We are proudly presenting Apartment 7 at Parallel Riverfront to the market. Call for investors!
This luxury one bedroom apartment is privately located at the back corner of the local landmark Parallel Riverfront, overlooking the beautiful Swan River and parkland. The spacious floor plan is wide and open, and all rooms are filled with natural light. There are three balconies wrapping around the living area and the bedroom. Through the fully double glazed floor-to-ceiling glass walls, you can enjoy the beauty of nature all for yourself.
Parallel Apartment is designed and built for owner occupiers, it has a very high ratio of owner occupiers, and the demand for rental apartments in this premium development is very strong.
Apartment 7 is currently leased for $580 per week with a nice tenant (leased unfurnished, and the tenanat is paying for all utilities in addition to the rent).
The Strata Fee is $550.85/Quarter, Council Rate is $1631.09/Year, and Water Rate is $1176.54/Year.
Features include:
• Luxury Riverside Apartment
• 3 x Balconies all overlooking the riverside park
• Automatic sun blinds system installed
• Spacious open living floor plan
• Floor to ceiling glass wall with double glazing throughout
• Extra high ceiling
• Kitchen stone bench
• Quality appliances
• Well designed storage space
• Fully ducted Daikin reverse cycle air conditioning
• Video Intercom system
• NBN to the apartment
• European laundry
• Premium private corner location
• Easy access to the car bay
• Secured storage room (4sqm)
• Security and CCTV in all common areas including all lifts
• Secured mail room
• Friendly and respectful community
• Recently built in 2021
• Designed and built for owner occupiers
and more...
Parallel Apartments is a local landmark development on Swan River foreshore, specifically designed and built for owner occupiers. You will enjoy the quality of the apartment and the luxury lifestyle around the City and river. Residents surely appreciate the fancy recreational facilities including an infinity pool, a spa, Gym, cabana, residents lounge with outdoor BBQ, and even a Yoga studio.
The unique luxury apartment by the river is always tightly held, don't miss out this special opportunity before it is too late. Contact our friendly Listing Toolbox agent Bo on 0432 104 675 for more information.
Property features
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Carports
1
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Toilets
1
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Floor area
69m2
Property snapshot by reiwa.com
This property at 7/48 Riversdale Road, Rivervale is a one bedroom, one bathroom apartment sold by Bo Xiong at Listing Toolbox on 28 Feb 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: $1,631 / year
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Water rates: $1,176 / year
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Strata fees: $550 / 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
