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Investment Opportunity
This property is the perfect recipe to add to your investment portfolio ... low maintenance, conveniently located, well presented and tenanted until February 2025 so you don't have to lift a finger .... just purchase and start receiving your rental income!
The current rent return is $490.00 per week with an option to increase at the 6 month period by no more than 25%.
What are you waiting for?!?
The property:
• Cream brick & tile constructed home
• Built in 1999
• Four bedrooms, two bathrooms, two living spaces
• Neutral & modern design
• Paved portico
• Roller shutters throughout
• Shoppers entrance
• Floating floorboards
• Light filled open plan kitchen, dining & lounge with air conditioner
• Separate front lounge with air conditioner
• Centrally appointed kitchen with breakfast bar, stainless steel appliances, five burner gas cooktop, dishwasher recess, abundance of storage throughout, built in pantry, double sink with flick mixer tapware
• LARGE main bedroom with walk in robe + Ensuite
• Minor bedrooms include built in robes
• Fully tiled low maintenance bathroom includes bath
• Separate toilet off laundry
• Laundry with storage + access to side of home
• Fully paved patio
• Double garage
• Additional parking to front
• Security screen doors
• PRODIGY gas hot water system
• Reticulation
• Colourbond fencing
• 377m2
A current tenant resides at the property until 5th February 2025 at $490.00 per week.
The location:
• 2 minutes to major roads including freeway + Kooyong Road shops
• Within the vicinity of Rivervale Primary, St Augustine's, Ursula Frayne + Belmont City College
• 3.5kms to Belmont Forum, Restaurants, Cafe's + Victoria Park cafe strip with shopping, Restaurants, Cafe's
• 5.5 kms to Perth CBD + Perth Airport
Please click the 'Get In Touch' button to register your interest or alternatively phone Toby or Andrew directly to discuss further.
Property features
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Air conditioned
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Garages
2
Property snapshot by reiwa.com
This property at 9 Selwyn Place, Rivervale is a four bedroom, two bathroom house sold by Team Huggins at Ray White Urban Springs on 03 Jun 2024.
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.
Cost breakdown
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Council rates: $1,861 / year
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Water rates: $1,293 / year
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
$850k
Median
$718k
Low end
$632k
13.0 %
Annual growth
$718k
Annual median sales price
$650pw
Annual median rental price
