9/44 Belmont AvenueRivervale WA 6103
Property Details for 9/44 Belmont Ave, Rivervale
Last Listing description (November 2020)
CBRE are pleased to present 9/44 Belmont Avenue, Rivervale on behalf of RSM Australia. The property presents the following features;
163sqm* of modern, functional office
8* marked car bays
Affordable price point
Vacant possession
9/44 Belmont Avenue, Rivervale is a well located first floor strata office in an established commercial precinct consisting of 163sqm* of modern, partitioned office with separate male and female amenities. The complex is serviced by ample onsite parking and Digby's cafA which is located on the ground floor of the complex.
The property lies on a high profile and prominent corner of Belmont Avenue and Francisco Street, with the property being in close proximity to the Burswood Casino and Entertainment Complex, the new Burswood Stadium and the Victoria Park retail and cafA precinct.
At an attractive price point the property presents an excellent opportunity for owner occupiers and investors to acquire good quality office space in a tightly held complex.
For Sale via Offers to Purchase Invited closing 23rd March 2016 at 2pm.
*approx
Property History for 9/44 Belmont Ave, Rivervale, WA 6103
- 26 Jun 2024Sold for $814,000
- 31 Mar 2016Sold for $550,000
- 02 Mar 2016Listed for Sale Not Disclosed
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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 6,899 properties. Over the last 5 years, Houses in Rivervale have seen a 69.38% increase in median value, while Units have seen a 72.44% increase. As at 31 October 2024:
- The median value for Houses in Rivervale is $850,170 while the median value for Units is $543,942.
- Houses have a median rent of $750 while Units have a median rent of $615.
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