Rare Big Corner Block with Development Potential & High Rental Yield
Sold for $1,230,000
170 Alexander Rd, Rivervale
9
3
3
Profile
SOLD TO CASH BUYER!!!
This investors' dream property positioned on a 1224sqm corner block with R20/R30/R50/R100 zoning has huge development potential (Subject to Council Approval).
This property not only has great development potential, but also has an awesome rental income, it has THREE 3Bedroom Houses there and all of them already being rented out which will give you a good income while you hold and invest for the future capital gain Or planning for development.
Property Highlights:
- Corner Block size of 1224sqm
- Zoned R20/R50/R100 or R30 (for corner block only)
- THREE 3x1x1 established house on the site.
Multiple great potentials:
- Hold and invest for the future capital gain.
- Demolish and subdivide into multiple lots. (STCA)
- Potential multiple units of apartment (STCA)
**STCA: Subject to Council Approval
Fantastic Locations:
- Bus stop just at doorsteps
- Approx. 4 mins drive to Belmont Forum Shopping Centre
- Approx. 2 mins drive to Rivervale Primary School
- 750m walking distance to Faulkner Park.
- 500m walking distance to Belmont Oasis Leisure Centre.
- Local Childcare Centre only 450m away.
- Approx. 13mins drive to Perth CBD.
DISCLAIMER
We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
This investors' dream property positioned on a 1224sqm corner block with R20/R30/R50/R100 zoning has huge development potential (Subject to Council Approval).
This property not only has great development potential, but also has an awesome rental income, it has THREE 3Bedroom Houses there and all of them already being rented out which will give you a good income while you hold and invest for the future capital gain Or planning for development.
Property Highlights:
- Corner Block size of 1224sqm
- Zoned R20/R50/R100 or R30 (for corner block only)
- THREE 3x1x1 established house on the site.
Multiple great potentials:
- Hold and invest for the future capital gain.
- Demolish and subdivide into multiple lots. (STCA)
- Potential multiple units of apartment (STCA)
**STCA: Subject to Council Approval
Fantastic Locations:
- Bus stop just at doorsteps
- Approx. 4 mins drive to Belmont Forum Shopping Centre
- Approx. 2 mins drive to Rivervale Primary School
- 750m walking distance to Faulkner Park.
- 500m walking distance to Belmont Oasis Leisure Centre.
- Local Childcare Centre only 450m away.
- Approx. 13mins drive to Perth CBD.
DISCLAIMER
We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
Features
9
Bedrooms
3
Bathrooms
1
Garage
2
Carports
1224 sqm approx.
Land Size
$3050 Yearly
Water Rates
Links
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