Sold
28/122 Terrace Road, Perth WA 6000
Sold price: $255,000
Sold: 06 Dec 2023
Sold
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1 Bedroom
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1 Bathroom
Unit
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Money Box
Discover the epitome of urban living with this secure studio apartment nestled in the highly coveted Terrace Road location at the heart of Perth City's CBD. Positioned just a stone's throw away from the picturesque Swan River, this residence combines convenience with tranquility.
Step into a well-maintained studio boasting a clever layout that maximises space and functionality. The apartment features a separate bathroom and kitchen, providing a sense of privacy and organisation. The spacious living/bedroom area adds to the appeal, offering a versatile space that tenants love and can be customised to suit an individual's lifestyle.
Currently occupied by a reliable long-term tenant who appreciates the prime location, the property is yielding $275 per week until August 18, 2024. However, the potential for increased returns is evident, with today's market supporting a rental value of $375 per week.
Seize the opportunity to own a piece of city living in one of Perth's most sought-after addresses. Whether you're an astute investor or a future resident seeking the perfect urban retreat, this studio apartment on Terrace Road promises a lifestyle that seamlessly blends convenience, comfort, and style. Act now to secure your place in this thriving urban oasis.
Email agent for floor plan and strata information.
This property is sold unfurnished. Virtual furniture and fittings for illustration purposes only.
Property Code: 1452
Property snapshot by reiwa.com
This property at 28/122 Terrace Road, Perth is a one bedroom, one bathroom unit sold by James YEOMAN and Walter Iustini at Key Performance Real Estate on 06 Dec 2023.
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
$1.2m
Median
$974k
Low end
$902k
5.9 %
Annual growth
$974k
Annual median sales price
$750pw
Annual median rental price
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