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Riverside investment.
Studio apartment positioned directly opposite Langley Park and a short walk to Elizabeth Quay and the CBD.
- Currently tenanted at $420 per week.
- Prime location.
- Hugely convenient position.
- Secure building.
- Suits astute investors looking to the future.
Strata area 34 sqm.
Floor area 34 sqm.
Water rates $912.72 pa (2023/2024 financial year).
Council rates $1,308.90 pa (2024/2025 financial year).
Admin levy $398.85 p/qtr.
Reserve levy $100 p/qtr.
Property features
-
Floor area
34m2
Property snapshot by reiwa.com
This property at 18/122 Terrace Road, Perth is a one bedroom, one bathroom apartment sold by Mark Rayner and Jessica Helfrich at Rayner Real Estate on 31 Dec 2024.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Perth or see other recently sold properties in Perth.
Nearby schools
Perth overview
Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.
Life in Perth
With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.
Perth quick stats
High end
$1.6m
Median
$1.4m
Low end
$1.2m
8.6%
Annual growth
$1.4m
Annual median sales price
$797pw
Annual median rental price
