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Smart Start or Solid Investment
Located along the highly sought-after Terrace Road, 15/126 offers an exceptional opportunity to secure a prime piece of real estate in one of Perth's most desirable riverside settings. This spacious one-bedroom apartment, complete with a versatile study or second bedroom, combines modern city living with unmatched lifestyle appeal. Set within a well-maintained, low-rise complex with low strata levies, it presents excellent value in a blue-chip location. As one of the last large land holdings on Terrace Road available for high-rise redevelopment, this is a strategic buy for first home buyers and savvy investors looking to capitalize on the area's long-term potential.
Situated in an established complex, the apartment is in excellent condition, having been previously renovated and updated with a modern finish. The floor plan offers flexibility, with a separate study that functions well as a guest bedroom or home office. Ample storage throughout the home adds to the everyday practicality, making it ideal for comfortable living. The layout provides functional spaces for buyers entering the market or those seeking an easy-care investment in a premier location.
With Langley Park and the Swan River just across the road, and the vibrant CBD, Elizabeth Quay, and public transport links all within easy reach, this property promises an enviable lifestyle. Whether you're looking for your first home, a city base, or a strong investment with future development potential, this apartment is an unmissable opportunity in a premier location.
Estimated Rental Appraisal - $600 - $620 per week
Outgoings:
Strata levy + Reserve Fund = $858.60 per quarter (approx.)
Water Rates = $994.44 per annum (approx.)
Council Rates = $1,327.85 per annum (approx.)
Nearby:
Langley Park - 50m
Mercedes College - 600m
Supreme Court Gardens - 700m
St George's Terrace - 900m
Elizabeth Quay Station - 1.1km
Elizabeth Quay - 1.2km
Forest Chase Murray Street Mall - 1.3km
Perth Convention Centre- 1.6km
Highgate Primary School - 2.9km
Crown Casino & Hotel - 3.9km
Bob Hawke College - 4.8km
Perth International Airport - 11.6km
For further information, please contact Jeffrey Zhang on 0433 768 779.
Property features
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Toilets
1
Property snapshot by reiwa.com
This property at 15/126 Terrace Road, Perth is a one bedroom, one bathroom apartment sold by Jeffrey Zhang at Realty One Winthrop on 24 Jun 2025.
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.
Cost breakdown
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Council rates: $1,327 / year
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Water rates: $994 / year
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Strata fees: $858 / quarter
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
$1.7m
Median
$1.4m
Low end
$1.3m
13.2 %
Annual growth
$1.4m
Annual median sales price
$777pw
Annual median rental price
