This remarkable opportunity awaits in the coveted suburb of Rivervale, where this expansive 2,024sqm residential site presents an exciting canvas for developers and investors looking to create a stunning modern community in one of Western Australia's most desirable locations.
With a zoning designation of Residential R20/R40, this prime parcel of land is perfectly suited for multi-unit development, allowing for an array of possibilities for those interested in the rewards it will reap. Whether it's townhouse or villas on your mind, or even a combination of both, this exciting development opportunity offers ample room for landscaping, greenery and common facilities, ensuring a harmonious living environment for all involved.
Conveniently situated with easy access to both the Perth CBD and Perth Airport, this fabulous location offers an enviable connectivity. Additionally, the surrounding area is well-placed with community amenities, including schools, local parks, shopping centres and public-transport options. Complementing these locational attributes the properties are well-located to the cafe, dining and entertainment hotspots of Belmont, Victoria Park, East Victoria Park and South Perth.
This outstanding opportunity provides a unique chance to secure a foothold in one of the area's best positions. Strong market conditions underpin the chance capitalise today on this opportunity, and this is further enhanced with the two dwellings ability to offer holding income as plans and approvals are worked up.
This is a sale of a deceased estate and will be sold. Don't miss out on this moment to shape the future of Rivervale and reap the rewards of a visionary investment!
Features include:
- Enormous 2,023sqm residential development site.
- A frontage to Roberts Road of 25m.
- R20/R40 zoning - 9 dwelling potential, subject to meeting design criteria.
- Existing dwelling that can provide holding income.
- Prime parcel of land - suited for multi-unit development.
- Excellently located between both the Perth CBD and Perth Airport.
- Immediate access to significant transport linkages; Orrong Road/Graham Farmer Freeway, Great Eastern Highway to the North and Leach & Roe Highways to the South.
- Easy access to the Swan River, schools, shopping, transport and more.