SOLD
Sold on 26 Apr 2024 for $790,000

2/137 Great Eastern Highway
Rivervale WA 6103

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 167m2
Land area: 250m2
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Property Details for 2/137 Great Eastern Hwy, Rivervale

Building Type
Commercial
Year Built
1996
Floor Size
167m2
Land Size
250m2
Local Government
Belmont
Lot/Plan
2/S032618

Last Listing description (February 2024)

For Sale: Premium Commercial Property in Rivervale With Rental ReturnProfessionals MC Commercial, is delighted to present Unit 2, 137 Great Eastern Highway, Rivervale.Location:Situated strategically on Great Eastern Highway, adjacent to the iFly (indoor skydiving) development, the property enjoys convenient access from both Great Eastern Highway and Belmont Ave. It is well-placed for access to Perth Airport (5 km) and the CBD (7 km).Details:Site Improvements: 302 sqm approximately Site Area: 250 sqm6 Parking bays including 2 internal car baysOccupancy Status: The property comes with a 2+2-years lease-back arrangement.Annual Rental: $57,750 PA plus outgoingsRental Return 7% PAZoning: The City of Belmont confirms the property is zoned for Office use.Statutory Approximately Outgoings:Water Rates: $1,897.40 PACouncil Rates: $1,989.24 PAStrata $ 1,073 PQLand Tax: $389.60 PAFor more details, please contact Robbie Doyle 0422978478

Property History for 2/137 Great Eastern Hwy, Rivervale, WA 6103

A timeline of how this property has performed in the market
Last Sold
$790,000
26 Apr 2024
  • 26 Apr 2024
    Sold for $790,000
  • 09 Jan 2024
    Listed for Sale Price on Application
  • 12 Apr 2022
    Listed for Sale $833,000
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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 6,735 properties.

    There are currently 52 properties listed for sale, and 32 properties listed for rent in Rivervale on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in Rivervale.

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