78 Roberts Road, Rivervale WA 6103
$5,000,000
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 2,023m2
House
View
Investment Property in highly sought after Central Location!
The property is located on Roberts Road just around the corner from major shopping centre's with all major services being in close proximity.
Situated in the City of Belmont on 1 title, zoned residential (R20/40) with the property size of 2023m2.
The 5 unit residential facility was built in 1976, Construction material is brick and tile. Each unit has a 2 bedroom, 1 bathroom, 1 WC, courtyard and single undercover car parking configuration. The majority of the units have been renovated in recent years.
The units are currently tenanted with a 12-month periodic tenancy in place.
The property is conveniently located and close to all public transport options, the international and domestic airports, Crown Casino and Optus Stadium.
Given its location, this property offers an exciting investment opportunity, with the option to hold and retain the individual units as they are or alternatively look to redevelop the site and upgrade the accommodation to a newer standard.
Council rates for the property are $7,646.59 for 2024/25.
The property is listed for sale at $5,000,000.
For further information and to arrange an inspection of this property, please contact Joe Galantino on 0428 424 351.
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 78 Roberts Road, Rivervale is a two bedroom, one bathroom house listed for sale by Joe Galantino and William Morris at Nutrien Harcourts WA.
For more information about Rivervale, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Rivervale profile page.
If you would like to get in touch with Joe Galantino or William Morris regarding 78 Roberts Road, Rivervale, please call Joe on 0428 424 351 or call William on 0448 415 537, or contact the agent via email.
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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
This listing
14.7 %
Annual growth
$760k
Annual median sales price
$740pw
Annual median rental price
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