In a central location just a few minutes drive from the Perth CPD in a group of shops are these two shops on the one title positioned on 465 sqms of land. There is a Hairdresser business with an expired lease in place at a rate of $11053.09 per year (net) with scope to be much higher (45 sqms) and a Cafe with a lease in place at a rate of $19545.50 per year (net) (65 sqms) with both Lessees paying the outgoings. There is a rear access off a laneway with a backyard for exclusive parking shared between the two businesses.
All enquiries to Selling Agent - Bill Mckenzie
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 6,932 properties. Over the last 5 years, Houses in Rivervale have seen a 95.22% increase in median value, while Units have seen a 96.42% increase. As at 28 February 2026:
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