Back 13/118 Terrace Rd
Off Market

13/118 Terrace Rd

Perth WA 6000

1
1
34 m²
Apartment
Last sold for $212,500
Dino (Dean) BrescacinDino (Dean) Brescacin, last sold this property on 18 July 2022 after 272 days on market.

Overview

Perth City Foreshore

Positioned with nothing but a park between your building and the Swan River, you can secure a holding in a building ripe with future development potential and an ultra conveniently located apartment. - Directly opposite Langley Park and a short walk to Elizabeth Quay. - The street is already home to some of Perths most exclusive modern apartment buildings. - Currently tenanted at $250 per week on a fixed term lease expiring 21 January 2023. - Suits short term stay such as AirBnb (Subject to complying with local council). - Add value by updating and renovating. Council Rates $1238.30 pa; Water Rates $827.24 pa; Strata Reserve Fund Levy $33.13 p/qtr; Strata Admin Fund Levy $430.72 p/qtr

Features

1 bedroom
1 bathroom
34 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Perth over the last 12 months, the estimated median property value of 13/118 Terrace Rd is $546k.

Median value
$546k
Estimated value range
$210k - $850k
Median days on market
16
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Perth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 13/118 Terrace Rd

2022
Sold
$212,500
Private Sale/Treaty on 18 Jul 2022 by Dino (Dean) Brescacin, of Rayner (WA) Pty Ltd

Happy sellers in Perth

91%
91% of sellers in Perth reported that their sale price either exceeded or met their price expectations.

Perth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 116 reviews in Perth over the last 12 months.

Local market activity for 1 bedroom apartments in Perth

In the last 12 months, 175 one-bedroom apartments similar to 13/118 Terrace Rd, have been sold.

This represents a 44% increase in one-bedroom apartments sales when compared to the previous 12 months.

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