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36-38 Riversdale Road
Rivervale WA 6103
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36-38 Riversdale Road Rivervale WA 6103

  • Development / Land
  • 3,096 m²
  • For Sale, Expression of Interest - Closing 28 May 2024.

Don't let the sun set on this opportunity.

    Exclusive selling agents Realmark Commercial are pleased to present to market 36-38 Riversdale Road, Rivervale for sale via Expressions of Interest campaign closing 5pm, 28th May 2024.

    The property offers developers the opportunity to acquire 3,096sqm* of river fronted land, currently zoned "Special Development Precinct" under the City of Belmont LPS 15.

    The subject properties abut Finbars 19-storey "The Point" development and Doric Group's 12-storey "Park on Swan" development. Surrounded by thriving developments such as Aloft Perth, Arbor North, and Vantage Apartments the site is situated within a vibrant area rife with development.

    Benefiting from a 12-storey height limit and sold with DA submitted for a residential development consisting of 125 units. The site is unique in its location, zoning and holding income with two residential properties currently occupying the site producing $80,600pa collectively.

    What we love:
    + Unobstructed absolute river front views
    + Generous site area: 3,096sqm*
    + Two (2) separate lots
    + Strong holding income: $80,600pa
    + 800m from Burswood train station
    + Proposed DA for a 125 unit development

    Development Application
    A copy of the DA lodgment documents can be supplied upon request.

    SALE PROCESS
    The property is being sold via 8 week "Expressions of Interest" campaign closing 5pm, 28th May 2024.

    For further information, please contact the exclusive listing agent below;

    Brent Griffiths | 0402 609 126 | bgriffiths@realmark.com.au
    Tom Jacob | 0483 038 690 | tjacob@realmark.com.au

    *Approx.

    Property Highlights

    Floor AreaAsk Agent
    Land Area3,096 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019148147
    Category
    Last updated  18 Apr 2024
    Map for 36-38 Riversdale Road Rivervale WA 6103

    Property Highlights

    Floor AreaAsk Agent
    Land Area3,096 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019148147
    Category
    Last updated  18 Apr 2024

    Co-Agents

    Tom Jacob
    Realmark Commercial
    Call
    0483 038 690

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