Rivervale WA 6103

Sold price: $405,000 Sold: 25 Jun 2024
Sold
  • 1 Bedroom
  • 1 Bathroom
  • 1 Car
  • Landsize 85m2
Apartment

SWEEPING VISTA

This ninth floor apartment with panoramic views may prove to be an awesome investment.
"Arbor North" was built in 2015 within the "Springs" precinct. Walk to cafes, eateries,microbrewery, Casino and Optus stadium.

Completely secure unit being on the ninth floor, several electronic gates for under cover parking and security fobs to move within the complex.Storeroom for the bike or kayak and extra parking for visitors.

The amenities in the complex are superb, including a 15 meter heated swimming pool, Sauna, Gymnasium,indoor communal area with pool table and kitchen.
The 1st floor has a very unique and massive garden retreat.8th floor has has a viewing platform with views to kill for.

The location is simply first class with the Swan River metres away, having a cycle track or just for a leisurely stroll.
Recent capital growth for most properties has been double digit yet apartments have been left behind somewhat.Jump in now and catch the capital growth wave apartments are sure to experience.

The one bedroom apartment comes with a dishwasher, refrigerator, clothes washing machine and dryer.Currently rented to an international pilot @ $472.50 per week until 16/04/2025.Rent Increase by a further 5% in October 2024.

Be sure to view the video.
Buyers inspecting at home opens need to be at the front foyer at the home open start time as the agent can not go up & down nine floors with buyers in the apartment, thank you.

Council rates $1589.52 pa
Water rates $1074.00 pa
Strata Fee $1284.29 pq
Reserve fund $82.50 pq

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property features

  • Garages 1
  • Floor area 48m2

Property snapshot by reiwa.com

This Rivervale property is a one bedroom, one bathroom apartment sold by Ross Kretschmar at The Agency on 25 Jun 2024.

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.

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 $940k
Median $795k
Low end $685k
18.7 %
Annual growth
$795k
Annual median sales price
$750pw
Annual median rental price

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FAQ's

This property in Rivervale sold on 25/6/2024 for $405,000.

The average number of selling days in Rivervale is 16 days.
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