Sold
Rivervale WA 6103
Sold price: $810,000
Sold: 29 Sep 2023
Sold
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2 Bedrooms
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1 Bathroom
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Landsize 900m2
House
RED HOT INVESTMENT - TOP END 900SQM ZONED R20/40
Prime development site located in Rivervale's TOP END just perfect for the investor , developer, or renovator. Currently leased to at $250 per week to excellent tenant and her cat who adore the place. Boasting a rectangular shape with a wide frontage and a 45mt depth you can't go wrong with this block for your next or future development. Renovate the existing home and build a new home at the rear or demolish and start over again and build brand new homes / villas / townhouses or apartments.
KEY FEATURES INCLUDE
*Rivervale Top End 900sqm block zoned R20/40.
*Build two new family size homes side by side.
*Build three or four new two storey townhouses.
*Build eight or nine two storey walk up apartments
*Circa 1946 two bed WB/T cottage lease at $250pw
- To be sold in "AS IS" condition as land value only.
- Mins to Empire Bar, Burswood & Optus Stadium .
- Design & Build team available right now to discuss.
Contact Belmont Cities #1 agent DEVON KELLY 0417 936 277 or DANIEL KELLY 0456 180 575 right now.
Property snapshot by reiwa.com
This Rivervale property is a two bedroom, one bathroom house sold by DEVON KELLY at Laurie Kelly Real Estate on 29 Sep 2023.
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.
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
$820k
Median
$696k
Low end
$629k
9.5 %
Annual growth
$696k
Annual median sales price
$687pw
Annual median rental price
