40/122 Terrace Road, Perth, WA 6000

Riverside Living in the Heart of the CBD 

Where else can you secure a home on the stunning Swan River foreshore, surrounded by million-dollar apartments, for this incredible price?

This top-floor studio offers exceptional value and an enviable location. Just steps from the Swan River and within walking distance of Perth's CBD, it's ideal for first-home buyers, savvy investors, or anyone seeking a vibrant riverside lifestyle.

The Floorplan:
•  Living Space: Open-plan studio layout with parquetry flooring, freshly painted walls, and a refurbished bathroom and cabinetry.
•  Kitchen: Modern cabinetry, ample storage, tile splashback, and a breakfast bar.
•  Bathroom: Well-maintained, with a fresh modern finish.
•  Air-Conditioning: Reverse cycle split-system for year-round comfort.
•  Furnishing: Fully furnished (or unfurnished upon request).
•  Complex: Secure and well-maintained in a prestigious riverside neighbourhood.

Other things to consider: 
•  Year Built: 1961
•  Land Size: 34 sqm
•  Studio Size: 34sqm
•  Rental Return: Approx. $500.00 per week
•  Car Parking: No dedicated bay, but annual parking permits available for under $100 p/a (subject to council approval).
•  Security: Located in a well-maintained and secure complex

Easy Access to: 
•  Swan River Foreshore
•  Elizabeth Quay
•  Langley Park
•  Perth CBD
•  Public transport & ferry services
•  Cafes, restaurants, and entertainment precincts

Outgoings:
•  Council Rates: Approx.$1,308.90 per annum (2024/2025)
•  Water Rates: Approx. $941.60 per annum (2024/2025)
•  Strata Levy: $548.75 per quarter 

This property is a fantastic investment opportunity or a perfect starter home for those entering the property market. With its unbeatable riverside location and strong rental potential, it appeals to professionals, investors, and those seeking an affordable city lifestyle.

Don't miss this opportunity to secure a prime riverside location at an unbeatable price! Visit us during the open house or contact Walter Iustini at 0418 912 682 or  [email protected]

Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified. Please note, that some images have been modified and some virtual furniture and fittings are for illustration purposes only.