An exceptional opportunity to secure a prominent corner block property positioned in the thriving heart of Riverwood CBD. Offering strong exposure and outstanding convenience, this versatile property is located within close proximity to Riverwood Train Station, local schools and the bustling shopping centre.Combining a fully renovated ground floor restaurant with a spacious upstairs studio 3 bed residence, this property presents an ideal opportunity for investors, owner-occupiers or those seeking a mixed-use asset with excellent future potential.Key Features: Prime corner block position in the heart of Riverwood CBD Fully renovated restaurant on the ground floor Solid brick construction building Spacious upstairs studio residence (approx. 170sqm total) Three bedrooms with separate side access via Eldon Street High exposure location close to schools, Riverwood Station and shopping centreEstimated Combined Rental Return: approx. $87,738 p.aCommercial Shop: approx. $60,103 p.aApartment: approx. $27,635 p.aA rare opportunity to secure a high-profile property in one of Riverwood's most tightly held commercial precincts.DISCLAIMER: While Ray White Riverwood have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Ray White Riverwood urges prospective purchasers to make their own inquiries to verify the information contained herein.
The size of Riverwood is approximately 3.8 square kilometres. There are 22 parks, covering nearly 23.8% of the total area. The population of Riverwood in 2016 was 12103 people. By 2021 the population was 12793 showing a population growth of 5.7% in the area during that time. The predominant age group in Riverwood is 30-39 years. Households in Riverwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverwood work in a professional occupation.In 2021, 42.20% of the homes in Riverwood were owner-occupied compared with 43.50% in 2016.
Riverwood has 5,696 properties. Over the last 5 years, Houses in Riverwood have seen a 18.85% increase in median value, while Units have seen a 13.66% increase. As at 31 July 2026:
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