3/5 Cleaver Terrace, Rivervale WA 6103

Modern | Riverside pocket | Low-rise secure complex | Tenanted through June 2026 This one-bedroom unit occupies a strong competitive position in Rivervale: a 2016-built, low-rise complex of only fourteen units, offering a secure courtyard and carport within walking distance of the Swan River and Belmont Forum. For a buyer seeking a lock-and-leave base or an investment with immediate income, the combination of modern finishes, small complex scale, and proximity to the Burswood and Optus Stadium precincts is uncommon at this price point. The property is best suited to an investor prioritising yield and low vacancy risk, or a professional buyer wanting a low-maintenance home close to the city and airport. The primary risk is the inconsistent floor area reported—81m² building size versus 52m² internal—which may affect valuation and resale comparability. Confirming the exact strata plan and whether the courtyard and storeroom are exclusive-use or titled is essential. The tenancy until June 2026 limits immediate owner-occupier use but provides a known income stream, and the asking price sits slightly below some estimated value ranges, offering a potential entry discount. Strata fees are moderate, and no special levies or overlays have been flagged, but a full strata inspection is advised.