GREAT VALUE TRIPLEX DEVELOPMENT SITE!
MUST BE SOLD!
What an amazing opportunity for home buyers and developers/investors. Jack Yeo of Harcourts Blue is proud to introduce this fantastic development property at a very affordable price! With ongoing residential and commercial restructuring in the area and surrounding suburbs, this property is a great investment for home-owners/investors who are looking to secure exceptional and convenient living.
This 3x1 single storey residence is zoned R20/40 on a generous 730sqm development block (subject to council and WAPC approval). I strongly advice that buyers do their own research with the appropriate authorities in relation to subdivision. Currently zoned R20/40 with multiple potential development options (STCA):
1). Retaining the existing dwelling and build at the rear.
2). Create 2 good size Survey Strata title lots.
3). Build 1 single storey and 2 double storey homes.
4). Build 3 townhouses.
83 Alexander Road, Rivervale is an ultra-convenient location and is blessed with easy access to the main transport artery of Orrong Road and Great Eastern Highway. An easy commute to Perth City and Northbridge (6km), this property is also a short distance from Crown Entertainment Resort and Optus Stadium (2km), Victoria café and restaurant precinct (2km), Belmont Forum Shopping and Reading Cinema (2km), Belmont Oasis centre (2km), International/domestic airports and DFO Perth shopping (10km), supermarkets, 24hrs fitness gyms, public transport, parklands, education facilities, restaurants and fast food outlets.
This property is currently tenanted till May 2019, perfect for developers to get your plans approved while having income coming in at the same time.
This property is to be sold on an "as is" basis, prospective buyers are encouraged to make their own enquiries in relation to the state of the property prior.
*The information contained herein has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
Remember to mention you found this property on DevelopmentReady.com.au
Price by Negotiation $480,000 - $495,000
730 m² (*approx)
Residential, Townhouse Sites, Townhouse Sites
Residential Development Opportunity (STCA)
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