16/1 Minora Place, Rivervale WA 6103
Offers Invited
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1 Bedroom
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1 Bathroom
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Landsize 41m2
Apartment
View
Calling Investors, Set and Forget!
Here is a fantastic opportunity to add to your investment portfolio with a newly renovated 1 bedroom apartment in the heart of Rivervale's Riverside Precinct. The best part is that you will be purchasing into the well-maintained Burswood Lodge Complex which is fully managed on your behalf!
This delightful apartment features a spacious bedroom, ensuite bathroom and laundry, and a well-equipped kitchen. There is an open plan living space, flooded with natural light, easy access plus an allocated parking Bay. All the bookings are managed for you through the complex management making this a low fuss investment, current income $1083 per month.
Please note that this apartment is not available to live in permanently as an owner/occupier or for long term rental as this property is under the Motels Act and is for short term stays only.
LOCATION:
Central location just a stone throw from the Swan river, with great access to the freeway, Crown Casino, restaurants, public transport and everything your guests could need.
Council rates approx $1,151 pa
Water rates approx $1,427 pa
Strata fees approx $776 quarterly
Call Theresa on 0405 511 305 as this is a fantastic opportunity you won't want to miss.
Property features
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Floor area
41m2
Property snapshot by reiwa.com
This property at 16/1 Minora Place, Rivervale is a one bedroom, one bathroom apartment listed for sale by Theresa Rowe at Harcourts Rockingham.
For more information about Rivervale, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Rivervale profile page.
If you would like to get in touch with Theresa Rowe regarding 16/1 Minora Place, Rivervale, please call 0405 511 305 or contact the agent via email.
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Rivervale overview
Rivervale is a predominantly residential area spanning three square kilometres. Established in the 1840s, significant residential development did not occur until the 1950s and 1960s.
Life in Rivervale
Rivervale's family-friendly lifestyle is an appealing feature of the inner-city suburb. There are numerous parks and ovals, such as Wilson Park, which features a number of netball courts open for public use, as well as a playground and community centre.
The Kooyong Road Shopping Strip features a large IGA, chemist, butcher, post office, take away food outlets, with the Belmont Forum the closest shopping centre. There are two local schools in Rivervale including St Augustine's Primary School and Rivervale Primary School. Many homes in the suburbs are also catered for by the nearby suburbs schools such as Carlisle and Lathlain.
Rivervale quick stats
High end
$969k
Median
$835k
Low end
$738k
18.4 %
Annual growth
$835k
Annual median sales price
$725pw
Annual median rental price
