Back 1/1 Minora Place
Off Market

1/1 Minora Place

Rivervale WA 6103

1
1
47 m²
Apartment
Ally CarvallioAlly Carvallio, last sold this property on 26 November 2025 after 293 days on market.

Overview

Investors! - UNDER OFFER

UNDER OFFER Discover a charming 1 bedroom apartment in the heart of Rivervale's Riverside Precinct, part of the well-maintained Burswood Lodge Complex. This cozy apartment, built in 1968, offers a fantastic investment opportunity, especially for those looking to capitalize on its short-stay rental arrangement with the complex management. PLEASE NOTE -: as this property is under the 'Motels Act' it is for short term stays only and NOT AVAILABLE TO LIVE IN PERMANENTLY AS ANA OWNER OCCUPIER OR FOR LONG TERM RENTALS. The apartment features a spacious bedroom, an ensuite bathroom and laundry, and a well-equipped kitchen. With plenty of comfortable living space, this apartment enjoys plenty of natural light and is conveniently located close to shops, restaurants, public transportation, and other amenities. Positioned directly adjacent to the new "Springs Development," this property is a prime opportunity to own a piece of Rivervale. The owner is motivated to sell, and all reasonable offers will be considered. With council rates approximately $1,151 approx. per year, water rates around $1,427 approx. per year, and annual strata fees totaling $3,150.60 per year, this apartment is an ideal nest egg or investment starter. (NET INCOME 23/24 Financial Year after expenses was $6671.36 incl GST) Priced From High $100,000's, this is a fantastic opportunity you won't want to miss. Viewings are arranged strictly by appointment. Contact Think Pink Realty on 9362 4489 to schedule your viewing and secure this great investment today!

Features

1 bedroom
1 bathroom
47 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Rivervale over the last 12 months, the estimated median property value of 1/1 Minora Place is $511k.

Median value
$511k
Estimated value range
$185k - $625k
Median days on market
19
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rivervale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/1 Minora Place

2025
Sold
Undisclosed
Private Sale/Treaty on 26 Nov 2025 by Ally Carvallio, of Think Pink Realty

Happy sellers in Rivervale

95%
95% of sellers in Rivervale reported that their sale price either exceeded or met their price expectations.

Rivervale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 101 reviews in Rivervale over the last 12 months.

Local market activity for 1 bedroom apartments in Rivervale

In the last 12 months, 75 one-bedroom apartments similar to 1/1 Minora Place, have been sold.

This represents a 30% increase in one-bedroom apartments sales when compared to the previous 12 months.

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