OFF MARKET

405/108 Terrace Road
East Perth WA 6004

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
Land area: 143m2
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Last updated 30 Sep 2024
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Property Details for 405/108 Terrace Rd, East Perth

405/108 Terrace Rd, East Perth is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 143m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2003
Floor Size
98m2
Land Size
143m2
Local Government
Perth
Lot/Plan
14/S044907

Last Listing description (July 2023)

It is finally your turn to enjoy the full benefits of Inner City Living at its finest with the comfort and luxury of owning in the prestigious Hemisphere Apartments!

Resting on the edge of East Perth, exclusively nestles The Hemisphere Apartment Complex, which proudly sits across the Swan River waterfront with only the sprawling Langley Park stopping you from getting your feet wet! This meticulously well-maintained, fully furnished, and equipped home is currently occupied by a corporate lease agreement, earning $800.00 per week until April 2025 (2-year lease agreement).

An open plan layout throughout the sophisticated living, dining and kitchen areas ensures entertainment to be maximized. The gloriously light and bright apartment has an abundance of natural sunlight glistening through the full height glass windows with quality window treatments, and a huge 18sqm balcony on the front of the apartment magnifying the panoramic South-Facing views including the famous West Australian sunsets setting over Kings Park in your direct view.

Features we want you to know:
? 4th floor apartment with luxury South-Facing panoramic views.
? Being sold fully furnished and equipped.
? Perth City, Swan River, South Perth, Narrows Bridge, Elizabeth Quay, and Kings Park views!
? Boutique complex with only 49 apartments in total.
? 5 visitor bays for residents' guests.
? Onsite building manager and an audio/video intercom security system.
? Newly refurbished resort facilities; Pool, Gym, BBQ area, and the resident's foyer lounge.
? Reverse cycle ducted air-conditioning.
? Full height glass windows with quality window treatments.
? 98sqm of internal living area, 18sqm of exclusive use South-Facing balcony, with a total of 143sqm of Strata Lot area
? Corporate tenancy is in place at $800.00 per week until April 2025 (2-year lease agreement).

Council Rates: $2,119.20 per annum (approx.)
Water Rates: $1,469.95 per annum (approx.)
Strata Levies: $1,654 per quarter (approx.)

Contact the on-point selling agent Brian Lynn on 0407 932 583 today to arrange a private tour of this exclusive home!

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Property History for 405/108 Terrace Rd, East Perth, WA 6004

A timeline of how this property has performed in the market
Last Sold
$770,000
28 Apr 2023
Listed for Rent
$770/w
22 Apr 2021
  • 28 Apr 2023
    Sold for $770,000
  • 18 Apr 2023
    Listed for Sale Mid - High $700ks
  • 23 Mar 2021
    Listed for Rent $770 / week
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About East Perth 6004

The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of total area. The population of East Perth in 2011 was 8,184 people. By 2016 the population was 10,598 showing a population growth of 29.5% in the area during that time. The predominant age group in East Perth is 20-29 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation. In 2011, 37.8% of the homes in East Perth were owner-occupied compared with 37.6% in 2016.

East Perth has 8,375 properties. Over the last 5 years, Houses in East Perth have seen a 12.60% increase in median value, while Units have seen a 33.19% increase. As at 30 September 2024:

  • The median value for Houses in East Perth is $1,096,571 while the median value for Units is $585,242.
  • Houses have a median rent of $875 while Units have a median rent of $680.
There are currently 118 properties listed for sale, and 45 properties listed for rent in East perth on OnTheHouse. According to CoreLogic's data, 669 properties were sold in the past 12 months in East perth.

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