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70 Norwood Road, Rivervale WA 6103

Sold price: $702,033 Sold: 17 May 2021
Sold
  • 2 Bedrooms
  • 1 Bathroom
House
70 Norwood Road, Rivervale WA 6103

UNDER OFFER -Top End Rivervale - Rare Corner Duplex Block

You will be hard pressed to find a better potential corner duplex block in Prize Top End of Rivervale!

These sites are very rare finds and do not come up often, so you will need to act quickly!

Rectangular 701sqm block with solid rentable character cottage sitting on it, bringing rental income until the 27/12/21 of $330 per week.

With 45.26m width and 15.49m frontage you can potentially develop (STSA) 2 street front corner lots that will offer you the chance to build your dream homes or investments
in this brilliant suburb on Perth's doorstep.

Remaining relatively affordable for its 5km approximate radius to the Perth CBD, Swan River, amenities such as the Crown, world class Perth Stadium and major road and train transport.

You will find in comparison to other major capital cities, properties within this close 5km ring location to their CBD's will break the bank.
This is why this opportunity will suit local, interstate or overseas investors looking for affordability to build now or land bank for the future as has been the past history of this property.

• Rare remaining undeveloped 701sqm rectangular potential corner duplex site ( STSA)
• With 45.26m width & 15.49m frontage
• Solid Rentable character cottage with jarrah floor boards & high ceilings, well painted and cared for
• 2 old fashioned large bedrooms
• Renovated bathroom with internal toilet
• Clean and tidy kitchen with gas upright cooktop
• With fixed term lease in place until 21/12/21 @$330 per week with good tenant
• Access to Workshop/Shed from Clague Street
• Close to parkland, Schools, local IGA, bus and train transport
• On Perth's doorstep you are literally central to all of Perth's hustling attractions such as the Burswood Casino, Stadium, Vic Park café strip
• You are minutes to transport to take you to the CBD to work if required

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Property features

Property snapshot by reiwa.com

This property at 70 Norwood Road, Rivervale is a two bedroom, one bathroom house sold by David Quadros and Melanie Quadros at Porter Matthews Metro on 17 May 2021.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Rivervale or see other recently sold properties in Rivervale.

Cost breakdown

  • Council rates: $1,320 / year
  • Water rates: $940 / year

Nearby schools

0.4km
St Augustine's School
  • Primary
  • Non-government
1.0km
Rivervale Primary School
  • Primary
  • Government
1.0km
Lathlain Primary School
  • Primary
  • Government
Disclaimer

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 $800k
Median $683k
Low end $625k
7.6 %
Annual growth
$683k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

70 Norwood Road, Rivervale was sold by David Quadros and Melanie Quadros at Porter Matthews Metro.

You can contact the agent here.

The median house price in Rivervale is $682,500, the median unit price is $418,000.
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