162 Riseley St, Booragoon is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 809m2 and floor size of 110m2.This Property is currently listed for sale with For Sale By Owner Australia Pty. Ltd.
The Phone Code for this property is: 82381. Please quote this number when phoning or texting.
Strategically positioned 809sqm site in the Booragoon city centre precinct with strong redevelopment upside.
A rare opportunity to secure a strategic Booragoon landholding within one of Perth's key activity centre precincts.
Occupying a high-exposure 809sqm* site on Riseley Street, this property offers immediate holding value together with compelling redevelopment potential.
The site is improved by an existing renovatable house that is currently leased, providing holding income from day one while purchasers consider their next move.
This flexibility will appeal to a broad range of buyers:
1) Investors may choose to retain the existing tenancy and land-bank in a tightly held location.
2) Owner-occupiers may see the opportunity to renovate and move in over time.
3) Developers and strategic buyers will recognise the value of securing a site and take advantage of the Mixed Use / R100 zoning, with redevelop the site to its full potential.
Situated in the heart of the evolving Booragoon city centre precinct, the property is ideally positioned close to Westfield Booragoon, civic amenities, commercial activity and major transport connections.
Whether you are seeking present income, a future renovation project, a strategic land-bank or longer-term redevelopment upside, this is a genuine opportunity to secure a well-located asset in an increasingly important urban precinct.
The choice is yours, sky is the limit!
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
The size of Booragoon is approximately 3.1 square kilometres. There are 13 parks, covering nearly 15.3% of the total area. The population of Booragoon in 2016 was 5532 people. By 2021 the population was 5684 showing a population growth of 2.8% in the area during that time. The predominant age group in Booragoon is 10-19 years. Households in Booragoon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Booragoon work in a professional occupation.In 2021, 77.30% of the homes in Booragoon were owner-occupied compared with 78.20% in 2016.
Booragoon has 3,059 properties. Over the last 5 years, Houses in Booragoon have seen a 80.94% increase in median value, while Units have seen a 69.45% increase. As at 31 July 2026:
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