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Residential
3 & 5 Gladstone Road Rivervale, WA 6103

Property details

  • Property ID:
    13830
  • Contact Agent:
  • Area:
    1,366.00 m2 (*approx)
  • Type:

    Residential: Townhouse Sites

  • Development Potential:
    Residential subdivision opportunity (STCA)
Agency information

Overview

SUBDIVIDABLE PROPERTIES CLOSE TO RIVER & CROWN CASINO

These two adjoining properties are positioned in one of the best streets of Rivervale among several nice double-storey houses. 

Burswood Crown casino entertainment, Swan River and Perth Optus stadium are within walking distance.

If you are looking to renovate or to build a new double storey house or sub-divide into 3 lots, these two properties are perfectly suited for you! 
While waiting for DA & Building Permit approval, you can continue to receive rental income as currently both are leased out.
The combined land size 1,366 sqm can be sub-divided into 3 "Green Title" lots (455sqm/each) (STCA). 

Options
- Subdivide into 3 lots and build 3 new houses (STCA) with R20 zoning 
- Renovate or extension of the existing houses 
- Demolish & Build a new home 
- Continue to lease out the existing houses to allow for future capital growth 

3 Gladstone Rd Rivervale:
- Land size: 683 sqm
- 2 beds + 1 bath

5 Gladstone Rd Rivervale:
- Land size: 683 sqm
- 3 beds + 1 bath

Location: 
- 260m to St Augustine's Primary School
- 5 mins drive to St Clare's School
- 750m to Burswood Train Station
- 7 mins drive to Belmont Forum Shopping Centre
- Close to Cracknell Park (by Swan River) 
- Short stroll to Crown Entertainment Complex & Perth Optus Stadium 
- 12 mins driving distance to Perth CBD

*3 & 5 are two separate Green Title, single property investment is acceptable.
*STCA: Subject To Council Approval
*House to be sold "as is".
 
Remember to mention you found this property on DevelopmentReady.com.au
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