Reiwa Reiwa
2/42 Terrace Road, East Perth WA 6004

2/42 Terrace Road, East Perth WA 6004

Contact Agents For Price Guide

New

2 Bedrooms

2 Bathrooms

2 Cars

Landsize 407m2

Other

Contact the agent

Nick Chua

0425545105

James Low

0421630279

CC Property Advisory Australia


Rare Triple-Level Opportunity: Luxury Residential Meets Premium Commercial

Redefine your work-life balance with this extraordinary three-story residence at 2/42-52 Terrace Road. Nestled within the prestigious Panorama Luxury Apartments, this property offers a unique dual-purpose configuration: a high-exposure Commercial Unit on the Ground Floor and a sophisticated Two-Story Residential Sanctuary above.

Whether you are an entrepreneur looking to house your business and family under one roof, or a savvy investor seeking a dual-income stream in a blue-chip location, this property is a standout in the East Perth market.

The Layout: 3 Levels of Versatility
- Ground Floor (Commercial): A professional, street-front commercial space with excellent visibility. Perfect for a boutique office, consultancy, or creative studio, providing a prestigious Terrace Road business address.
- First Floor (Residential Living): Ascend to the heart of the home, featuring a spacious open-plan kitchen and dining area. This level transitions seamlessly to a massive private terrace-ideal for grand-scale entertaining overlooking Langley Park.
- Second Floor (Private Quarters): The top level is dedicated to rest and privacy, housing the master suite and additional bedrooms, ensuring a peaceful separation from the work and social zones below.

The Panorama Lifestyle
Residents and clients alike will be impressed by the world-class amenities provided by the building:
- Level 18 Rooftop: Take in 360-degree views of the Swan River and Kings Park from the 25m heated lap pool, spa, and sauna.
- Fitness & Leisure: Access a state-of-the-art gym, a resident's lounge for meetings, and BBQ facilities.
- Peace of Mind: Professional on-site concierge, secure building management, and two dedicated side-by-side car bays.

The Investment Edge
In a market where space is a luxury, this "Live/Work" hybrid offers incredible flexibility. Freshly updated with new carpets and paint, it is ready for immediate occupation or high-yield leasing.

Essential Information
- Type: Mixed-Use (Commercial Ground + Residential 1st & 2nd Floors)
- Council Rates: $4,217.30 per annum
- Strata Fees: $3,087.60 per quarter
- Water Rates: $484.70 bi-monthly
- Parking: 2 Secure side-by-side car bays
- Climate: Ducted air-conditioning throughout

Don't miss out on this opportunity. Contact the agents today to arrange an inspection or request further information:
Nick Chua - 0425 545 105 - [email protected]
James Low - 0421 630 279 - [email protected]

Property features

  • Below ground pool  
  • Dishwasher  
  • Garages 2
  • Built in wardrobes  
  • Balcony  
  • Alarm  
  • Gymnasium  
  • Outside spa  

Cost breakdown

  • Council rates: $4,217 / year
  • Water rates: $2,908 / year
  • Strata fees: $3,087 / quarter

Nearby schools

Mercedes College Secondary Non-government 0.7km
Trinity College Combined Non-government 1.0km
St George's Anglican Grammar School Secondary Non-government 1.6km
Victoria Park Christian School Primary Non-government 1.9km
Regent College Primary Non-government 2.0km
Wesley College Combined Non-government 2.2km
Victoria Park Primary School Primary Government 2.2km
St Columba's Catholic Primary School Primary Non-government 2.2km
Highgate Primary School Primary Government 2.4km
Kensington Primary School Primary Government 2.4km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5057290