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Perfect Property for First Home Buyers & Investors
- BUILT IN 2020
- LOW STRATA FEES
- LEASED UNTIL AUG 2025
- FULLY EQUIPPED
Are you a first home buyer or an investor looking for a property that ticks all the boxes? Look no further! This stunning 2020-built "Riverena" one bedroom apartment is designed to meet your needs and exceed your expectations.
This well laid out 1 bedroom 1 bathroom features an open plan living, kitchen and dining area with reverse cycle air-conditioning, a king-sized bedroom with spacious his & hers walk in robe, leading onto a dual-entry/semi ensuite & combination laundry. The kitchen features plenty of cupboard space with soft closing cabinetry, stylish glass splashback, reconstituted stone bench-tops and stainless-steel kitchen appliances (oven, cooktop & rangehood).
With a happy tenant currently living here until 18th August 2025, now it is time for you to secure this solid investment, or your future home.
Features:
- Level 7, North-East facing in the 2020 built "Riverena" complex
- Open plan living and dining, flowing out to large balcony
- Tinted double glazing to all doors and windows for your comfort
- King-sized bedroom with his & hers WIR, leading to dual-access bathroom/laundry
- 8 Star NatHERS energy rated with efficient lighting
- Reverse cycle split system air-conditioning to all rooms
- Kitchens with Stainless steel appliances, stone benchtops & soft closing cabinetry
- Resort facilities including a solar heated 15M pool & sun lounge, BBQ area, games room & gymnasium
- NBN (fibre to the premises), secure complex with surveillance cameras
- Just 5km to Perth CBD, or 7km to the Perth Airport and DFO Perth
Council Rate: $1566 per year
Water Rate: $1029 per year
Strata Levies: $808 per quarter (admin + reserve)
Close to home, you'll find the new Optus Stadium and The Camfield, DFO Perth, Crown Entertainment Precinct & the Victoria Park Cafe strip with an eclectic mix of shopping, cafes, food & bars. Just a short stroll from the Matagarup Foot-bridge, Burswood Train Station, the Empire Bar, the abundance of amenity provided by the Aloft Hotel and all the spoils of our ever-changing, ever-growing Perth City.
Call Terry Lu today on 0410 213 027 for more information or to arrange a private inspection.
DISCLAIMER:
All distances to amenities are estimations obtained from Google Maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates.
Property features
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Garages
1
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Floor area
76m2
Property snapshot by reiwa.com
This property at 98/5 Rowe Avenue, Rivervale is a one bedroom, one bathroom apartment sold by Terry Lu at Realestate 88 on 24 Mar 2025.
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: $1,566 / year
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Water rates: $1,029 / year
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Strata fees: $808 / 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
$989k
Median
$828k
Low end
$715k
20.8 %
Annual growth
$828k
Annual median sales price
$700pw
Annual median rental price
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