1/166 Belmont Avenue, Rivervale, WA, 6103, Australia

Welcome to this modern and well presented one-bedroom, one-bathroom unit in an excellent Rivervale location! Built in 2016, there is a total lot size of 78 square metres including a courtyard and car space. The floor space of the unit itself is approximately 43 square metres, with plenty of features flowing across timber style flooring throughout. This home presents well with excellent modern features including split cycle air conditioning in both the bedroom and the main living space, LED downlights throughout the home, strategically placed windows that maximise internal natural light, plenty of storage space in the kitchen, stone benchtops and an internal laundry! The home is currently tenanted at $350 per week on a periodic basis – making the home perfect for an investor seeking rental income from day one or a patient owner occupier. Don’t miss out on this exquisite unit!

Property Highlights Include:
- One-bedroom, one-bathroom unit built in 2016
- 78 square metres of total lot area
- Approximately 43 square metres of floor space
- Private Courtyard AND storage room!
- Undercover, dedicated car space
- LED downlights
- Dishwasher
- Stone benchtops
- Two split cycle air conditioning units
- Gas cooking
- Internal laundry

Investor Summary:
- This house is currently tenanted on a periodic basis for $350 per week
- Market rent for 1/166 Belmont Avenue is approximately $390 per week.
- Using a purchase price of $279,000 results in a gross annual rental yield of 7.27%.
- HouseSmart is highly active in Rivervale and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.

Drive in to the secure apartment complex (there’s a sliding electronic gate) and park underneath your unit in the undercover, dedicated car space. There are only eight units (including this one!) in the strata plan.

Step inside the front door of the unit and be greeted by lovely timber style floors and an open plan living space that flows comfortably from the private courtyard, through the main lounge area, through to the kitchen, and then the bedrooms. Windows here are cleverly placed to maximise natural light being drawn into the home, and a split cycle air conditioning unit helps keep the space a welcoming temperature. The lounge area is a healthy size and opens up to the courtyard via a glass sliding door.

The kitchen is focused around an L shaped stone benchtop. There is a wide horizontal window above the sink, a built in dishwasher and gas oven with four-burner stovetop. Cupboard space is plentiful both underneath the stone benchtops and above – there’s also a dedicated fridge nook and tall pantry cupboard.

The bedroom is a good size and enjoys carpet flooring, multiple large openable windows to bring in natural lighting and a healthy breeze, a wall mounted split cycle air conditioning unit and LED lights. Walking into the bathroom – modern tiled flooring helps keep everything clean, tidy and well presented. There’s a modern vanity with mirrored storage above, and the shower features a security window that is openable for ventilation as well as a built in shower ledge for all your shampoos, and a movable shower head! Your morning routine will be easy here.

This property is located swimmingly – right on the border of Belmont and Rivervale. It’s just a moments walk to the well loved Volcano Playground and popular Belmont Forum Shopping Centre! Nearby schools include Rivervale Primary School, Cloverdale Primary School and Kewdale Primary School. Commuting is super simple here with Great Eastern Highway, Orrong Road, Tonkin Highway and Leach Highway all closeby. The location of this unit absolutely inspires easy, central living.

Strata Levies: $1240 per annum
Council Rates: $514 per quarter
Water Rates: $969.01 per annum