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1/132 Terrace Road
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 292m2
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PRIME CORNER WATERFRONT LOCATION, INVESTMENT OPPORTUNITY

Nestled right in front of the Langley Park with spectacular swan river view, this quality ground floor corner retail/commercial unit as part of the Altair Waterfront Apartments is available immediately and affords you maximum exposure in one of the busiest parts of town.
The Council zoning has a proposed use as a cafe /restaurant (All subject to council approval) and plays host to one single under-cover and secure car-parking bays. It is suitable for a variety of business uses and is currently vacant after previous restaurant operator left. It really is the perfect blank canvas for your next business venture.
There is also extra street parking nearby which is handy for clients and visitors. The commercial opportunities offer high exposure and future growth being located amongst apartments, gyms, hotels, offices, restaurants, entertainments, retail areas, plus being in close proximity to Perth, as well as located near the local bus services. This is your chance!
FEATURES INCLUDE, BUT ARE NOT LIMITED TO;
• Circa 2007-built, ground-floor commercial unit, located 80m from Victoria Avenue on the Terrace Road
• Suitable for a variety of proposed commercial/retail uses (subject to council approval)
• Located amongst established apartments, hotels, offices, restaurants, entertainments & retail areas.
• Great provision of public transport, 400m from bus stop, 1km from Elizabeth Quay Station
• Strata floor area of 212 sqm
• Separate male, female, disabled & staff toilet facility
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Property Details for 1/132 Terrace Rd, Perth

Building Type
Commercial
Floor Size
292m2

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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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Qi Li
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