140 Alexander Rd, Rivervale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 688m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Rivervale in the last 12 months.
Welcome to this classic three-bedroom home, with a massive backyard and wonderful internal spaces. With 688m2 of land space altogether, this is a great opportunity to secure some blue-chip Rivervale property with great zoning potential of R20/50/100. Currently rented out, this home poses an immediate investment opportunity from day one. Offering an amazing amount of space, both internally and externally: including a large front living area, enclosed patio, and plenty of room outdoors. Finished with an array of wonderful features, including ceiling fans and air conditioning, this home stands out as a unique and unmissable opportunity!Property Highlights:- Three-bedroom, one-bathroom property- Total approximate lot area of 688 square meters- Total approximate internal floor space of 102 square metres- Brick and tile build- Long driveway for plenty of parking space- Spacious front living area, with air conditioning- Ceiling fans to two bedrooms- Wide windows throughout for natural lighting- Kitchen with freestanding oven, lots of cabinetry for storage- Carport for single car parking- Enclosed patio area- Shed to the rear of the home- Spacious backyard; great for kids & petsDevelopment & Investment Summary:- This property is currently zoned R20/50/100- The City of Belmont have advised that this property has subdivision potential for the higher zoning if the existing house is demolished- We recommend contacting the City of Belmont directly to discuss any development plans, and any restrictions/requirements. Any development will be subject to approval from the city council and WAPC.- This property is currently leased until September 2025 for $500 per week- Market rent for 140 Alexander Road Rivervale is approximately $650 per week- HouseSmart Real Estate is highly active in Belmont and the surrounding areas - with an office in nearby Cloverdale - and can offer high-quality property management services throughout settlement and beyond!Location Summary:- Major shopping centre Belmont Forum is a short approx. 15 minute walk from the home- Nearby park areas include St. Kilda Park and Faulkner Park- Belmont is a very popular suburb being so close to the Swan River, Perth CBD and Perth Airport.- Tonkin Highway, Leach Highway and Great Eastern Highway are extremely accessible- Buses and public transport are available right nearby on Alexander RoadRates & Fees Estimation:- Water Rates: $1,093.73 per annum- Council Rates: TBAWhy Buy?Situated on a massive lot area, this home on a full size block can be carried in to the future with lots of possibility. Currently rented out, there is an immediate investment, with the tenants in a fixed term lease providing you with rental income from day one. Room to grow, renovate, develop and more... what will you choose to do with this amazing opportunity of a home?
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 6,941 properties. Over the last 5 years, Houses in Rivervale have seen a 92.29% increase in median value, while Units have seen a 82.00% increase. As at 30 November 2025:
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