Located in the prestigious top end of Rivervale, this massive and versatile 4 bedroom, 2 bathroom home offers a rare opportunity for homebuyers, developers and savvy investors alike. With generous proportions, multiple living zones and a highly desirable address, this property is packed with potential - whether you're seeking a spacious family home, a high-yielding investment or a future development site... this home ticks all the boxes.
Set on a substantial block and zoned R20/40, this property presents exciting potential for redevelopment into multiple dwellings, subject to council approval. Landbank now while earning strong rental income and unlock its development potential in the years to come.
Currently tenanted at $1400.00 per week until Feb 2027, the home is occupied by a quality tenant who is keen to stay on. This maybe allows you to generate immediate income while planning for renovations or future subdivision and development.
What truly sets this home apart is its location... just minutes from Perth's vibrant CBD and only footsteps from the picturesque Swan River, this address blends convenience with lifestyle. Start your mornings with a riverside walk or sunrise paddleboarding, and enjoy weekends exploring local cafs, farmers markets, and riverfront picnic spots. Crown Perth, Optus Stadium, Ascot Racecourse, and the buzzing caf and retail strip of Victoria Park are all just a short drive away. Excellent public transport options and quick access to the airport make commuting a breeze.
This is a home that offers incredible flexibility, immediate rental income and unmatched lifestyle appeal in one of Rivervale's most tightly held pockets.
Don't miss your chance to secure this exceptional property - arrange your viewing today.
The Property:
Brick constructed home
Built in 1995
4 bedrooms, 2 bathrooms, 4 living spaces
Light filled open plan kitchen, dining & sunken living area
x3 separate front living spaces + rear open living
HUGE country style kitchen with stainless steel appliances, 5 burner gas cooktop, dishwasher recess, built in pantry, abundance of storage throughout
Master suite includes ceiling fan, walk in robe + ensuite
Neutral-toned ensuite bathroom with large shower, bath, vanity with storage & adjoining powder room with independent access
Minor rear bedrooms include built in robes + ceiling fans
Main bathroom with neutral toned tiling, large shower, vanity with storage, bath
Laundry room with storage + direct access to rear of home
Separate toilet adjacent to laundry
Spacious enclosed backyard with paved alfresco, outdoor BBQ
Spacious outbuilding with generous storage and endless possibilities for use
Double remote-control garage with additional parking to driveway
Gated side access
Additional parking to driveway
911m2 - total lot size
R20/40 zoning
Ps note : the pictures are a year old.
*Disclaimer* This information has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but prospective buyers/tenants must make their own independent inquiries and must rely on their own personal judgement about the information included in this document. Fair Street Realty provides this document without any express or implied warranty as to its accuracy. Any reliance placed upon this document is at the buyers/ tenant's own risk. Fair Street Realty accepts no responsibility for the results of any actions taken, or reliance placed upon this document by a tenant/ buyer.
