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Inner-City Living - Riverside Location, Resort-Style Facilities
Ideally positioned between Kings Park, the river and city, this spacious two-bedroom apartment offers the perfect blend of lifestyle and convenience. With Elizabeth Quay, Jacobs Ladder and the Swan River foreshore all within walking distance, it's an ideal inner-city home or investment opportunity. Residents enjoy a secure, resort-style complex with a swimming pool, gym and tennis court, while nearby cafés, shopping and freeway access make daily life effortless. With the bonus of the unique flexibilty of the option to live in as your own home, lease out as a long term rental investment, or take advantage of the huge short term accommodation demand for this prime city-edge location, your investment in your future is assured.
Inside, there is an abundance of space rarely found in inner city apartments. Generous open plan living and dining areas flow to a private balcony, while the carefully considered floorplan cleverly seperates the accommodation wing from the living zones, providing excellent privacy. The huge primary bedroom features its own private north facing balcony - the perfect place to sit and relax, which the second bedroom is larger than most main bedrooms. The convenience of a spacious bathroom with a seperate powder room, and even a seperate laundry room with great storage - a rare feature in apartment lving - complete the functional, user-friendly design.
Whether you are a first home buyer looking for the perfect entry into the inner-city market, an investor seeking a high-yielding investment in a premium location, or a country/FIFO buyer seeking a secure, easy-care place to call home while in Perth - and all in a price range that won't break the bank - your search may finally be over.
ADDITIONAL FEATURES:
• Open plan living and dining opening to private balcony
• Prime location on the 3rd floor of the desirable 'Caesia' building
• Two big bedrooms, each with mirrored built-in robes
• Spacious bathroom, separate powder room
• Own seperate laundry with washer and dryer, good stroage
• Well-appointed kitchen, stone tops, dishwasher, ample storage
• Secure complex with pool, tennis court, gym
• Fibre-to-the-building NBN connectivity
• Split system reverse cycle air conditioning
• Garage space for one car, lock up storeroom
• Easy access to freeway entries and riverside walks
• Walk train and bus station, ferries, and the CBD
• Total lot area 119sqm (87 living, 13 balcs, 17 carbay, 2 storeroom)
• Rental Estimate - $700-750pw
Our most recent listing in Mounts Bay Village attracted multiple offers, selling within days of hitting the market, so be sure to be amongst the first to view this weekend to avoid missing out. Offers will be conveyed to the seller as received and may sell at any time.
For further information, including guidance on pricing, outgoings, inspection arrangements and other relevant please call Nik Jones or for the fastest, most detailed response please send an email enquiry directly from this website (preferably NO SMS enquiries, please).
THE DETAILS:
Local Authority: City of Perth
Council Rates: $1,627.50 per annum
Water Rates: $1,599.78
Strata (Admin): $1,032.67
Reserve Fund: $1,764.00
Total Lot Area: 119sqm
Internal Living Area: 87sqm
Rental Estimate: $650-$750pw
Parking for Viewings: Please note that unauthorised parking is prohibited within the complex, and the private roads within Mounts Bay Village. We recommend arriving early to allow time to find suitable parking nearby. The nearest public carparks are at John Oldman Park (recommended - approx 500m to west) or Perth Convention Centre (approx 500m to east) - with some metered street parking available closer to the property.
Disclaimer 1: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.
Property features
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Garages
1
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Toilets
1
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Floor area
87m2
Property snapshot by reiwa.com
This property at 31/118 Mounts Bay Road, Perth is a two bedroom, one bathroom apartment sold by Nik Jones at Jones Ballard on 16 Dec 2025.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Perth or see other recently sold properties in Perth.
Cost breakdown
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Council rates: $1,627 / year
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Water rates: $1,599 / year
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
