Back 140 Alexander Road
Off Market

140 Alexander Road

Rivervale WA 6103

3
1
4
102 m²
688 m²
House
Adam BettisonAdam Bettison, last sold this property on 27 July 2025 after 27 days on market.

Overview

Three-Bedroom Classic on Massive 688m2 Block with R20/50/100 Zoning

Welcome to this classic three-bedroom home, with a massive backyard and wonderful internal spaces. With 688m2 of land space altogether, this is a great opportunity to secure some blue-chip Rivervale property with great zoning potential of R20/50/100. Currently rented out, this home poses an immediate investment opportunity from day one. Offering an amazing amount of space, both internally and externally: including a large front living area, enclosed patio, and plenty of room outdoors. Finished with an array of wonderful features, including ceiling fans and air conditioning, this home stands out as a unique and unmissable opportunity! Property Highlights: • Three-bedroom, one-bathroom property • Total approximate lot area of 688 square meters • Total approximate internal floor space of 102 square metres • Brick and tile build • Long driveway for plenty of parking space • Spacious front living area, with air conditioning • Ceiling fans to two bedrooms • Wide windows throughout for natural lighting • Kitchen with freestanding oven, lots of cabinetry for storage • Carport for single car parking • Enclosed patio area • Shed to the rear of the home • Spacious backyard; great for kids & pets Development & Investment Summary: • This property is currently zoned R20/50/100 • The City of Belmont have advised that this property has subdivision potential for the higher zoning if the existing house is demolished • We recommend contacting the City of Belmont directly to discuss any development plans, and any restrictions/requirements. Any development will be subject to approval from the city council and WAPC. • This property is currently leased until September 2025 for $500 per week • Market rent for 140 Alexander Road Rivervale is approximately $650 per week • HouseSmart Real Estate is highly active in Belmont and the surrounding areas - with an office in nearby Cloverdale - and can offer high-quality property management services throughout settlement and beyond! Location Summary: • Major shopping centre Belmont Forum is a short approx. 15 minute walk from the home • Nearby park areas include St. Kilda Park and Faulkner Park • Belmont is a very popular suburb being so close to the Swan River, Perth CBD and Perth Airport. • Tonkin Highway, Leach Highway and Great Eastern Highway are extremely accessible • Buses and public transport are available right nearby on Alexander Road Rates & Fees Estimation: • Water Rates: $1,093.73 per annum • Council Rates: TBA Why Buy? Situated on a massive lot area, this home on a full size block can be carried in to the future with lots of possibility. Currently rented out, there is an immediate investment, with the tenants in a fixed term lease providing you with rental income from day one. Room to grow, renovate, develop and more... what will you choose to do with this amazing opportunity of a home?

Features

3 bedrooms
1 bathroom
4 carspaces
2 open car spaces
2 garage spaces
102 m² floor area
688 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Rivervale over the last 12 months, the estimated median property value of 140 Alexander Road is $935k.

Median value
$935k
Estimated value range
$715k - $1.48m
Median days on market
12
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 140 Alexander Road

2025
Sold
Undisclosed
27 Jul 2025 by Adam Bettison, of Housesmart Real Estate Pty Ltd
2023
Rented
Undisclosed
Leased on 13 Mar 2023 by Housesmart Real Estate Pty Ltd

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 103 reviews in Rivervale over the last 12 months.

Local market activity for 3 bedroom houses in Rivervale

In the last 12 months, 69 three-bedroom houses similar to 140 Alexander Road, have been sold.

This represents a 30% decrease in three-bedroom houses sales when compared to the previous 12 months.

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