• $465000

83 Alexander Rd, Rivervale WA 6103, Australia

Take advantage of the new building grant from Federal and State government!

 

Create wealth at 83 Alexander Road, Rivervale. With ongoing residential and commercial restructuring in the area and surrounding suburbs, this value for money development property is a great investment for home-owners, developers/investors who are looking to secure exceptional and convenient living at a low cost.

 

Features Of The Property

-3×1 original 1960s character residence.

-High ceilings.

-Jarrah floorboards.

-Spacious bedrooms.

-2 living areas.

-Generous development block size of 730sqm zoned R20/40 (subject to council and WAPC approval).

-Approximately 6 metres wide driveway.

-Minimum clearing required on the rear of the property.

-Currently tenanted till November 2020, perfect for developers to get your plans approved while having income coming in.

 

 

Multiple Potential Development Options (STCA)

1). Retaining the existing dwelling and build at the rear.

2). Create 2 good size Survey Strata title lots.

3). Build 3 townhouses.

 

 

The Location/Lifestyle You Will Live

An ultra-convenient location and blessed with easy access to the main transport artery of Orrong Road and Great Eastern Highway.

-A short commute to Perth City and Northbridge (6km).

-Crown Entertainment Resort and Optus Stadium (2km).

-Victoria café and restaurant precinct (2km).

-Belmont Forum Shopping and Reading Cinema (2km).

-Belmont Oasis centre (2km).

-International/domestic airports and DFO Perth shopping (10km).

-Surrounded by supermarkets, 24hrs fitness gyms, public transport, parklands, education facilities, restaurants and fast food outlets.