Sold
Last Asking Price - $750,000
173 Knutsford Avenue, Rivervale WA 6103
House
315
Block size: 774 m² approx.
***UNDER OFFER***
Unlock Unprecedented Potential in Rivervale's Prime Locale!
Step into a world of opportunity with this expansive land parcel, positioned in the heart of the highly coveted Rivervale area. Priced at land value, this property stands as an unbeatable proposition for savvy investors and developers alike.
Highlight Features:
• Expansive 774sqm Land Parcel: Situated in a prime Rivervale location.
• 1940s Charm Awaiting Revival: Includes a character-filled 1940s 3x1 home in need of renovation, alongside a double garage and a versatile granny flat-adding layers of potential to the land's base value.
• High-Density Development Zone: The R20/50/100 zoning may let itself to a range of possibilities, subject to council approval, offering a path to maximise your return on investment.
• Double the Potential with Adjacent Property: Seize the unique opportunity to acquire the neighbouring property at 175, which is also available for purchase to the buyer of 173, and amalgamate into a super site of 1,390sqm, doubling your development prospects.
• Enviable Location: Enjoy proximity to Crown Casino/Towers, Optus Stadium, Ascot Racecourse, and Belmont Forum, blending tranquility with easy access to top-tier entertainment and shopping.
This property not only offers significant land value but also comes with the added benefit of existing structures, presenting a wealth of renovation or redevelopment possibilities. With the potential to amalgamate with the adjacent property, the possibilities are truly limitless, making this an unparalleled investment opportunity in Rivervale.
Act Now:
Photos, inspections, and home opens are on the horizon towards the end of this month, if not sold prior. With high demand and interest already peaking, now is the time to make your move.
Don't let this once-in-a-lifetime opportunity slip through your fingers. Contact Johnathon today for more information and to explore the full potential of this remarkable offering.
Transform this prime Rivervale land into your next success story!
Step into a world of opportunity with this expansive land parcel, positioned in the heart of the highly coveted Rivervale area. Priced at land value, this property stands as an unbeatable proposition for savvy investors and developers alike.
Highlight Features:
• Expansive 774sqm Land Parcel: Situated in a prime Rivervale location.
• 1940s Charm Awaiting Revival: Includes a character-filled 1940s 3x1 home in need of renovation, alongside a double garage and a versatile granny flat-adding layers of potential to the land's base value.
• High-Density Development Zone: The R20/50/100 zoning may let itself to a range of possibilities, subject to council approval, offering a path to maximise your return on investment.
• Double the Potential with Adjacent Property: Seize the unique opportunity to acquire the neighbouring property at 175, which is also available for purchase to the buyer of 173, and amalgamate into a super site of 1,390sqm, doubling your development prospects.
• Enviable Location: Enjoy proximity to Crown Casino/Towers, Optus Stadium, Ascot Racecourse, and Belmont Forum, blending tranquility with easy access to top-tier entertainment and shopping.
This property not only offers significant land value but also comes with the added benefit of existing structures, presenting a wealth of renovation or redevelopment possibilities. With the potential to amalgamate with the adjacent property, the possibilities are truly limitless, making this an unparalleled investment opportunity in Rivervale.
Act Now:
Photos, inspections, and home opens are on the horizon towards the end of this month, if not sold prior. With high demand and interest already peaking, now is the time to make your move.
Don't let this once-in-a-lifetime opportunity slip through your fingers. Contact Johnathon today for more information and to explore the full potential of this remarkable offering.
Transform this prime Rivervale land into your next success story!
Inspections
No open inspections scheduled.
Send an enquiry
Contact Johnathon Bourke to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
3
Bathrooms:
1
Garage Spaces:
5
Property type:
House
Block Size:
774 m²*
Other Details
Lot:
89
Legal description:
D016836/89
Maps and area information
Block information
Block size: 774m² (approx)
Legal description: D016836/89
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
11 Mar 2024
Sold
ProProperty Group
Listed: 09/02/2024
Block size: 774m²
Transfer type: Full transfer
11 Mar 2024
Sold
ProProperty Group
Listed: 09/02/2024
Block size: 774m²
Transfer type: Full transfer
Rivervale suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
35 years
Population
10,897
Listing ID: 182286096. This listing has been viewed 20 times. It was first displayed on 09/02/2024 and last updated on 11/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.