39 River View Terrace, Mount Pleasant WA 6153

Split-level riverfront pocket | 769sqm deep block | third-level master retreat | flood overlay flagged This property’s strongest buying case lies in its rare combination of a deep, elevated 769sqm lot within the riverfront precinct and a three-level floorplan that separates the master suite entirely from daily living zones. The 42% building coverage leaves meaningful outdoor space, while the 326sqm floor area and multiple living areas suit a family needing distinct zones for work, play, and entertaining. It serves best a buyer seeking a long-term family home in a tightly held suburb with strong school catchment appeal, where the configuration offers both privacy and flexibility without immediate renovation pressure. The flood overlay is the primary risk, likely affecting insurance premiums and restricting certain future ground-level modifications, which a buyer must cost into their holding budget. The 1950s structure, though freshly painted, may require electrical or plumbing updates within a decade. Opportunity lies in the underutilised swimming pool area and the potential to reconfigure the games room into a self-contained guest wing. Hold this property as a core family residence, not a flip, and budget for a structural survey before exchange.