2/42 Terrace Road

East Perth WA 6004

407 m²

House

Currently for sale - view listing

Overview

Rare Triple-Level Opportunity: Luxury Residential Meets Premium Commercial

Redefine your work-life balance with this extraordinary three-story residence at 2/42-52 Terrace Road. Nestled within the prestigious Panorama Luxury Apartments, this property offers a unique dual-purpose configuration: a high-exposure Commercial Unit on the Ground Floor and a sophisticated Two-Story Residential Sanctuary above. Whether you are an entrepreneur looking to house your business and family under one roof, or a savvy investor seeking a dual-income stream in a blue-chip location, this property is a standout in the East Perth market. The Layout: 3 Levels of Versatility - Ground Floor (Commercial): A professional, street-front commercial space with excellent visibility. Perfect for a boutique office, consultancy, or creative studio, providing a prestigious Terrace Road business address. - First Floor (Residential Living): Ascend to the heart of the home, featuring a spacious open-plan kitchen and dining area. This level transitions seamlessly to a massive private terrace-ideal for grand-scale entertaining overlooking Langley Park. - Second Floor (Private Quarters): The top level is dedicated to rest and privacy, housing the master suite and additional bedrooms, ensuring a peaceful separation from the work and social zones below. The Panorama Lifestyle Residents and clients alike will be impressed by the world-class amenities provided by the building: - Level 18 Rooftop: Take in 360-degree views of the Swan River and Kings Park from the 25m heated lap pool, spa, and sauna. - Fitness & Leisure: Access a state-of-the-art gym, a resident's lounge for meetings, and BBQ facilities. - Peace of Mind: Professional on-site concierge, secure building management, and two dedicated side-by-side car bays. The Investment Edge In a market where space is a luxury, this "Live/Work" hybrid offers incredible flexibility. Freshly updated with new carpets and paint, it is ready for immediate occupation or high-yield leasing. Essential Information - Type: Mixed-Use (Commercial Ground + Residential 1st & 2nd Floors) - Council Rates: $4,217.30 per annum - Strata Fees: $3,087.60 per quarter - Water Rates: $484.70 bi-monthly - Parking: 2 Secure side-by-side car bays - Climate: Ducted air-conditioning throughout Don't miss out on this opportunity. Contact the agents today to arrange an inspection or request further information: Nick Chua - 0425 545 105 - nick.chua@mpropertymgt.com.au James Low - 0421 630 279 - james.low@mpropertymgt.com.au