17 Bell St, Riverwood is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 958m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom House sold in Riverwood in the last 12 months.
Raine & Horne Commercial South Sydney | Inner West are proud to present to the market a development opportunity for the astute purchaser.
The property is positioned within a peaceful and quiet street with a family-friendly atmosphere on the corner of Bell Street and Iris Avenue in a cul-de-sac setting, this R3 zoned, corner block is near local cafes, parks & shops.
This property has architect drawings for 4 homes ready to be submitted to the council under complying development opportunity under the Low-Rise Housing Diversity Code (STCA).
Key Features:
> Potential Housing Development Site (STCA)
> Architect Concept Drawings ready for submission
> Sweeping 60-metre frontage from Iris Avenue to Bell Street
> Total site area of 958.6sqm approx.
> Land dimensions: 36.5 metres x 26.2 metres
> Zoned R3 Medium Density Residential
> 17 Bell Street consist of well-maintained 3 bedrooms previously leased @ $690 p/w
> 19 Bell Street consist of a neat 2/3 bedrooms home previously leased @ $500 p/w
> Positioned in the most convenient location within a short distance of to train station, bus stops, cafes, shops, and schools
> Realistic Owner, will be sold
17-19 Bell Street, Riverwood is being sold by Expression of Interest. The closing date is Tuesday, 17th September 2024 at 4pm.
For further information regarding the property, to arrange an inspection or to request further due diligence material, please do not hesitate to contact the sales agent, Sammy D'Arrigo on 0414 461 693 or email sdarrigo@rhcss.com.au
The size of Riverwood is approximately 3.8 square kilometres. It has 22 parks covering nearly 23.8% of total area. The population of Riverwood in 2011 was 10,225 people. By 2016 the population was 12,093 showing a population growth of 18.3% in the area during that time. The predominant age group in Riverwood is 20-29 years. Households in Riverwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverwood work in a professional occupation. In 2011, 48% of the homes in Riverwood were owner-occupied compared with 43.5% in 2016.
Riverwood has 5,602 properties. Over the last 5 years, Houses in Riverwood have seen a 60.46% increase in median value, while Units have seen a 11.97% increase. As at 31 October 2024:
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