1/1 Minora PlaceRivervale WA 6103
Property Details for 1/1 Minora Pl, Rivervale
1/1 Minora Pl, Rivervale is a 1 bedroom, 1 bathroom Unit and was built in 1968. The property has a land size of 47m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in February 2005.
Last Listing description (May 2026)
UNDER OFFER
Discover a charming 1 bedroom apartment in the heart of Rivervale's Riverside Precinct, part of the well-maintained Burswood Lodge Complex. This cozy apartment, built in 1968, offers a fantastic investment opportunity, especially for those looking to capitalize on its short-stay rental arrangement with the complex management.
PLEASE NOTE -: as this property is under the 'Motels Act' it is for short term stays only and NOT AVAILABLE TO LIVE IN PERMANENTLY AS ANA OWNER OCCUPIER OR FOR LONG TERM RENTALS.
The apartment features a spacious bedroom, an ensuite bathroom and laundry, and a well-equipped kitchen. With plenty of comfortable living space, this apartment enjoys plenty of natural light and is conveniently located close to shops, restaurants, public transportation, and other amenities.
Positioned directly adjacent to the new "Springs Development," this property is a prime opportunity to own a piece of Rivervale. The owner is motivated to sell, and all reasonable offers will be considered. With council rates approximately $1,151 approx. per year, water rates around $1,427 approx. per year, and annual strata fees totaling $3,150.60 per year, this apartment is an ideal nest egg or investment starter.
(NET INCOME 23/24 Financial Year after expenses was $6671.36 incl GST)
Priced From High $100,000's, this is a fantastic opportunity you won't want to miss.
Viewings are arranged strictly by appointment. Contact Think Pink Realty on 9362 4489 to schedule your viewing and secure this great investment today!
Property History for 1/1 Minora Pl, Rivervale, WA 6103
- 18 Aug 2025Listed for Sale Buyers from $185,000
- 15 May 2025Listed for Sale Buyers from $185,000
- 06 Feb 2025Listed for Sale Buyers from $180,000
Recent sales nearby
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0About Rivervale 6103
The size of Rivervale is approximately 3.3 square kilometres. It has 15 parks covering nearly 3.2% of total area. The population of Rivervale in 2016 was 10366 people. By 2021 the population was 10897 showing a population growth of 5.1% in the area during that time. The predominant age group in Rivervale is 30-39 years. Households in Rivervale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rivervale work in a professional occupation.In 2021, 44.70% of the homes in Rivervale were owner-occupied compared with 43.80% in 2016.
Rivervale has 6,927 properties. Over the last 5 years, Houses in Rivervale have seen a 98.95% increase in median value, while Units have seen a 99.02% increase. As at 30 April 2026:
- The median value for Houses in Rivervale is $1,170,305 while the median value for Units is $717,818.
- Houses have a median rent of $750 while Units have a median rent of $700.
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