UNDER CONTRACTTake advantage of the new building grant from Federal and State government!Create wealth at 83 Alexander Road, Rivervale. With ongoing residential and commercial restructuring in the area and surrounding suburbs, this value for money development property is a great investment for home-owners, developers/investors who are looking to secure exceptional and convenient living at a low cost.Features Of The Property-3x1 original 1960s character residence.-High ceilings.-Jarrah floorboards.-Spacious bedrooms.-2 living areas.-Generous development block size of 730sqm zoned R20/40 (subject to council and WAPC approval).-Approximately 6 metres wide driveway.-Minimum clearing required on the rear of the property.-Currently tenanted till November 2020, perfect for developers to get your plans approved while having income coming in.Multiple Potential Development Options (STCA)1). Retaining the existing dwelling and build at the rear.2). Create 2 good size Survey Strata title lots.3). Build 3 townhouses.The Location/Lifestyle You Will LiveAn ultra-convenient location and blessed with easy access to the main transport artery of Orrong Road and Great Eastern Highway.-A short commute to Perth City and Northbridge (6km).-Crown Entertainment Resort and Optus Stadium (2km).-Victoria café and restaurant precinct (2km).-Belmont Forum Shopping and Reading Cinema (2km).-Belmont Oasis centre (2km).-International/domestic airports and DFO Perth shopping (10km).-Surrounded by supermarkets, 24hrs fitness gyms, public transport, parklands, education facilities, restaurants and fast food outlets.This property is to be sold on an "as is" basis, prospective buyers are encouraged to make their own enquiries in relation to the state of the property and also do their own research with the appropriate authorities in relation to subdivision.*The information contained herein has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.Important Warning - Novel Coronavirus (nCoV)Due to the pandemic outbreak of the novel coronavirus (nCoV) we strongly urge you not to attend or arrange any viewing if you have:· recently travelled overseas; or· are experiencing flu like symptoms such as: fever, coughing, shortness of breath or breathing difficulties.· been in contact with people as described aboveAll visitors on the property will be required to sign the guest register. The register must include the full name, residential address, email address and best contact telephone number of all attendees. This requirement is to assist the tracking of potential contacts should it later be determined that any person attending the inspection tested positive for Covid-19. Your co-operation is much appreciated in protecting the health of others and the people of Australia.We will take all necessary precautions when showing properties such as wiping down door handles, limited occupancy in each room, avoiding any close contact such as shaking hands and in some instances use of gloves and disinfectant.