701/59 Canning Beach Road, Applecross WA 6153

3 bed 2 bath 167sqm apartment in premium high-rise with river views from the 7th floor and luxury building amenities. Spacious 167sqm layout with two parking spaces offers lock-up-and-go riverfront living in a 15-floor development. Located on the 7th floor of Riviere Residences, it captures Swan River vistas through full-height double-glazed windows and 2.9m ceilings, with access to a shared pool, gym, rooftop terrace with BBQs, EV charging, and secure facilities. The property appeals to affluent professionals, empty-nesters, or investors valuing convenience over yard maintenance, especially those prioritizing high-end finishes like Gaggenau appliances, timber cabinetry, and premium tapware. Demand remains strong for oversized river-view units in this prestige pocket, with interest in river-view apartments supported by limited new supply. The configuration maximizes space with generous balconies for entertaining, offering resort-style perks without sub-penthouse prices. The location edges the Swan River for serene waterfront proximity, while remaining close to public transport and Canning Bridge hubs, providing easy access to boating, cycling paths, and Melville’s upscale vibe. Families are drawn to nearby Applecross Primary and Applecross Senior High, along with St Benedict’s Catholic primary, contributing to a professional and high-income demographic that values riverside prestige. Opportunities exist for value-add customization via finish selections or holding for appreciation as the precinct stabilizes. Risks include potential construction activity nearby and market sensitivity to interest-rate movements or supply shifts, but demand for view-endowed stock remains brisk.