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Finbar’s $13.68M Rivervale Land Sale Sets Stage for Build-to-Rent Boom

6:01pm on Thursday 3rd of July, 2025 AEST Real Estate
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Finbar’s $13.68M Rivervale Land Sale Sets Stage for Build-to-Rent Boom

6:01pm on Thursday 3rd of July, 2025 AEST
Key Points
  • Conditional sale of 3,809sqm land at 6 Homelea Court, Rivervale for $13.68 million plus GST
  • Development approval secured for 171 apartments under a build-to-rent model
  • Buyer is Together Housing (WA) 2 Ltd, a registered charity and community housing provider
  • Sale expected to boost Finbar’s H1 FY2026 earnings and strengthen capital for future projects
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