SOLD
RECENT ADVICE
Sold on 02 Jul 2024 for $275,000

27/122 Terrace Road
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 27/122 Terrace Rd, Perth

27/122 Terrace Rd, Perth is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Perth in the last 12 months.

Building Type
Unit
Local Government
Perth
Lot/Plan
27/S007318

Last Listing description (July 2024)

Urban Elegance and Tranquility at Your Doorstep

Welcome to your urban sanctuary, a secure and stylish 34m2 studio apartment located on the prestigious Terrace Road, right in the heart of Perth City's vibrant CBD. Imagine living just moments away from the serene Swan River, where the best of city life and peaceful waterfront living converge.

Stylish and Functional Living

Step inside to discover a Fully Renovated studio apartment that maximizes space and functionality. This apartment features a thoughtfully designed layout, with a separate bathroom and kitchen that offer both privacy and practicality. The spacious living/bedroom area is a blank canvas, ready for you to customise and create your ideal living space.

Investment Opportunity

Currently, Available with Vacant Possession, in one of Perth's most desirable locations. . With the current market conditions, there's an exciting potential to increase returns, with similar properties fetching up to $400 - $450.00 per week.

Unmatched Location

Situated in the bustling heart of Perth, this studio places you within walking distance of everything you need. Enjoy easy access to fine dining, trendy cafes, chic boutiques, and cultural attractions. The nearby Swan River offers a picturesque backdrop for morning jogs, leisurely strolls, and weekend picnics.

Features

- 34sqm internal living
- 200m access to the riverfront, walking & cycling path, and Crown Casino less than 4km away
- 300m to Perth CBD
- Fantastic access to Freeway entries
- Fully Renovated with separate kitchen & bathroom
- Low maintenance living
- Langley Park across the road, Elizabeth Quay a short walk, the City easily accessible via buses along Adelaide Terrace
- Secure gated complex
- Perth Airport: less than 13km away

Don't Miss Out

This studio apartment on Terrace Road is more than just a place to live—it's a lifestyle choice. Whether you're an astute investor or looking for the perfect urban retreat, this property promises convenience, comfort, and style in one of Perth's most sought-after locales. Act now to secure your piece of this thriving urban oasis.

Click 'Get in Touch' or 'Email Agent' for floor plan and strata information.

This property is sold unfurnished. Virtual furniture and fittings for illustration purposes only.

Property Code: 1545

Property History for 27/122 Terrace Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$275,000
02 Jul 2024
Listed for Rent
$475/w
30 Jul 2024
  • 23 Jul 2024
    Listed for Rent $475 / week
  • 02 Jul 2024
    Sold for $275,000
  • 27 Jun 2024
    Listed for Sale Under Offer by KPR PERTH
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.

Perth has 11,723 properties. Over the last 5 years, Houses in Perth have seen a 41.73% increase in median value, while Units have seen a 35.74% increase. As at 31 July 2024:

  • The median value for Houses in Perth is $1,040,405 while the median value for Units is $512,141.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 156 properties listed for sale, and 70 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 809 properties were sold in the past 12 months in Perth.

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Walter Iustini
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Key Performance Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.