MULTIGENERATIONAL LIVING WITH HUGE RENTAL RETURN

Property Features

Property Features

This unique property in Rivervale features two homes side by side on an 824m2 block.

The front home is a cozy cottage built in the 1950s and features four large bedrooms, one bathroom, and a large open-plan kitchen living area at the rear of the property.

The home has jarrah flooring in bedrooms, hallway, and floor tiles in the kitchen and living zones, and has 3 airconditioning units throughout the home. The cottage has a double garage and a large fenced area for kids and pets to play. Surrounded by beautiful lush trees, this property has the potential to be renovated and made into a family lovely home. The estimated potential income for this property is between $500-$550 per week.

The back home was built in 2017 and has three bedrooms, and one bathroom, and has been finished with neutral decor. Timber-look laminate flooring throughout while the bedrooms have carpet.

The home has a large open-plan living area, kitchen, and dining area that is bright and airy. The kitchen has been completed with high-quality stainless steel appliances, a gas cooktop, and air conditioning throughout the home. The estimated potential income for this property is between $450-$480 per week.

The property is conveniently located only 5km from the Perth CBD and offers access to many attractions including the Optus Stadium, Crown Perth Entertainment Precinct, Swan River, East Perth, and Gloucester Park.

The property is also just a short drive from key facilities such as the bustling cafe strip of Victoria Park, Belmont Forum, Belmont Oasis Swimming Complex, Reading Cinemas, Domestic and International Airports, Ascot and Belmont Racecourses, along with Mineral Resource Park.

This is a great opportunity for those looking for two houses with only one rates notice or those wanting to keep Mum and Dad nearby for babysitting.

R20/R40
City of Belmont | $3,090 p/a
Water Corporation | $1,819 p/a