Perth's property landscape is set for a dramatic transformation with the approval of a stunning $28 million apartment tower in the heart of Rivervale. The City of Belmont has given the green light to this ambitious 16-storey development that promises to redefine luxury living in Perth's eastern suburbs.
A New Landmark for Rivervale
The proposed complex will soar above the existing streetscape, offering residents breathtaking panoramic views of the Swan River and Perth CBD. This landmark development represents one of the most significant residential projects approved in the area in recent years, signalling strong confidence in Perth's property market.
Luxury Living Meets Convenience
Designed to cater to modern urban lifestyles, the development will feature:
- Multiple luxury apartments across 16 levels
- Premium finishes and contemporary designs
- Strategic location with easy access to CBD and amenities
- Potential river views from upper levels
- Modern communal facilities for residents
Economic Boost for Belmont
The $28 million investment is expected to provide a substantial economic stimulus for the City of Belmont, creating construction jobs and boosting local businesses. The approval demonstrates the council's commitment to strategic urban development while maintaining the character of the suburb.
This development marks an exciting new chapter for Rivervale, positioning the suburb as a premier residential destination that combines sophisticated city living with the convenience of eastern suburbs accessibility. The project is expected to commence construction in the coming months, with completion anticipated within the next two years.
