209 Riseley St, Booragoon is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 713m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Astute developers take note, a plum R40 development block with strong rental income until March 2023.
713sqm of prime development soil, strategically positioned only footsteps from the best of Booragoon's amenities including Westfield shopping complex, parklands, major transport hubs and sought after schooling options.
Zoned R40 and boasting broad frontages, the green title site is perfect for your next development.
The existing 1970's home has been updated and modified making a sound rental investment until you are ready to unlock the blocks true potential. The homes accommodation comprises of four bedrooms, renovated bathroom, updated kitchen, living and meals area, easy care gardens and carport.
The current owners have building plans for two modern, double storey luxury homes that can be viewed upon request.
Endless opportunities await, don't wait until it's too late.
Note, the property is leased on fixed term lease until 1st March 2023 at $535 per week.
The size of Booragoon is approximately 3.1 square kilometres. It has 13 parks covering nearly 15.3% of total area. The population of Booragoon in 2011 was 5,461 people. By 2016 the population was 5,528 showing a population growth of 1.2% in the area during that time. The predominant age group in Booragoon is 10-19 years. Households in Booragoon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Booragoon work in a professional occupation. In 2011, 79.3% of the homes in Booragoon were owner-occupied compared with 78.2% in 2016.
Booragoon has 3,042 properties. Over the last 5 years, Houses in Booragoon have seen a 59.46% increase in median value, while Units have seen a 60.14% increase. As at 31 October 2024:
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