SOLD
RECENT ADVICE
Sold on 12 Aug 2023 for $955,000

175 Kooyong Road
Rivervale WA 6103

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 175 Kooyong Rd, Rivervale

175 Kooyong Rd, Rivervale is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 4 bedroom House sold in Rivervale in the last 12 months.

Building Type
House
Local Government
Belmont
Lot/Plan
6/D015879

Last Listing description (August 2023)

Sold!
This generously sized modern 4x2x2 home, with DA approved plans, is situated on a 1012 sqm block. It presents a unique and exceptional opportunity for astute investors or project developers seeking a profitable residential block in Perth's thriving central suburbs. Nestled in the highly sought-after suburb of Rivervale, this prime block is conveniently located just minutes away from the Belmont shopping complex, Oasis leisure Centre, Swan River foreshore, and the Perth CBD. Don't miss out on this rare opportunity!

The property offers a 1012sqm parcel of level and rectangular land, providing excellent development potential. Whether you choose to pursue a small sub-division (subject to council approval) for profit, or create your own dream home by adding pools, sheds, gazebos, and gardens without the need to move far out to the hills, the decision is yours. Rest assured that investing in this ever-growing suburb is a wise choice. Our instructions are clear - this property must be SOLD! Take advantage of this opportunity today.

The exceptional location of this property is unmatched, making it highly appealing to homeowners, investors, and tenants. With limited availability of blocks in the area, there is a consistent demand for new properties from renters who value quality housing and are willing to pay a premium for it. Take advantage of this prime location and meet the demand for top-notch housing in the area.

The modern design of the home boasts an appealing street presence, featuring a generous frontage and a charming bay window. Upon entering the property, you are greeted with a stunning living area and multiple adjoining living spaces, perfect for a growing family or hosting guests. As you make your way towards the patio, you'll be treated to an expansive view of the green spaces surrounding the home, providing a serene spot to unwind and relax after a long day. The home is in excellent condition, fully liveable or tenantable, allowing you to generate instant income while you plan for the development process.

There are numerous potential possibilities for this property, all contingent upon your own designs, investigations, and approval from the council. Here are just some:

Option 1: Remove the front house and divide the land into four lots.
Option 2: Add a granny flat, lease the property, and hold onto it for future development.
Option 3: Build your dream home on the spacious 1012sqm lot, perfect for kids to play and for pursuing your interests.
Option 4: Seek approval from the council for your own unique development mix.

This is an unparalleled opportunity that won't last long.
Contact Lynsay now before it's too late! 0405 358 959

Property History for 175 Kooyong Rd, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$955,000
12 Aug 2023
  • 12 Aug 2023
    Sold for $955,000
  • 05 Apr 2023
    Listed for Sale Gone Mulitiple offers! Multiple buyers looking!
  • 13 Nov 2018
    Listed for Sale FROM $799,000
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About Rivervale 6103

The size of Rivervale is approximately 3.3 square kilometres. It has 15 parks covering nearly 3.2% of total area. The population of Rivervale in 2011 was 8,402 people. By 2016 the population was 10,389 showing a population growth of 23.6% in the area during that time. The predominant age group in Rivervale is 20-29 years. Households in Rivervale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rivervale work in a professional occupation. In 2011, 46.3% of the homes in Rivervale were owner-occupied compared with 43.8% in 2016.

Rivervale has 6,743 properties.

    There are currently 58 properties listed for sale, and 32 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 496 properties were sold in the past 12 months in Rivervale.

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    Contact agent
    Lynsay Hubbard
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    Stairway Real Estate
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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.