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One of the last privately held development lots in The Springs is available for purchase through Colliers International. Only 4km from the CBD, and walking distance to Optus Stadium and the Crown Casino, the riverfront site is zoned for a large scale residential development.
The property, at 36-38 Riversdale Road, Rivervale, has the following key features:
- 3,096sqm north facing development site
- Over 50 metres of absolute river frontage
- Protected views over the Swan River, CBD, Optus Stadium and Maylands golf course
- Height limit of up to 12 storeys (STCA)
- Potential for in the vicinity of 50-75 apartments (STCA)
- Numerous public transport options including bus and train in proximity
- Close to amenity such as Optus Stadium, Crown Casino and walking trails around the Swan River
The property offers a fantastic opportunity for a savvy developer to secure one of the last riverfront sites at The Springs, taking advantage of an improving apartment market.
This opportunity is offered for sale by Offers to Purchase, closing 4pm AWST 11th June 2021.
Remember to mention you found this property on DevelopmentReady.com.au
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