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Back 20/118 Mounts Bay Road
Off Market

20/118 Mounts Bay Road

Perth WA 6000

2
1
1
84 m²
109 m²
Apartment
Last sold for $540,000
Maya KobayashiMaya Kobayashi, last sold this property on 24 September 2025 after 48 days on market.

Overview

City Lights, River Views: Your Perth Escape

Wake up to sweeping views of Perth city and the Swan River, sunlight streaming through generous windows, and coffee on your private balcony. This thoughtfully designed apartment is a tranquil retreat above the city buzz, blending comfort and convenience for effortless living. Perfect for entertaining or unwinding, every detail is tailored to offer style, privacy, and lifestyle amenities right at your doorstep. • Elevated 6th-floor position offers sweeping city and river views from the living room • Extra guest toilet for added privacy and convenience • Fully furnished including an inviting outdoor coffee setting • Cleverly concealed laundry with washer and dryer keeps your living space neat and tidy • Two private balconies - one off the bedroom and another from the living room • Split-system air conditioning in the living area • Secure basement garage and storage provide peace of mind Why Investors Love This Property: • Immediate rental income. Securely leased at $650 p/w until 19/11/2025, providing you with consistent returns from day one. • Strong rental yield. Rental potential of $650 - $750 p/w in a highly sought-after location. • Low vacancy risk. Quality tenant in place, ensuring peace of mind and minimal downtime. • Short-Stay Terms eligible: Currently approved for long-stay terms only, with eligibility for short-stay terms approval. Resort-Style Amenities Include: • Outdoor pool, a fully equipped gym, and a full-sized tennis court for an active lifestyle • Free guest parking bays and ample paid street parking for visitors Rate Guide (approx.): Strata Fee: $1,911.91 p/q Water Rate: $1,292.28 p/a City of Perth Council Rate: $1,890.85 p/a PLEASE NOTE: A Strata Special Levy has been scheduled to fund significant upgrades to the building, including improvements to the waterproofing system. The current owner will cover this levy in full, so you will not bear any additional cost. For further details, please contact Maya at 0435 335 537. Steps from Perth's Icons (approx.): • Perth Convention and Exhibition Centre 0.6 km • Kings Park and Botanic Garden 0.7 km • Elizabeth Quay Train & Bus Station 1.2 km • Perth Train Station 1.8 km • RAC Arena 1.2 km • Hay Street Mall 1.1 km • Swan River 0.3 km

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
84 m² floor area
109 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Perth over the last 12 months, the estimated median property value of 20/118 Mounts Bay Road is $660k.

Median value
$660k
Estimated value range
$400k - $1.23m
Median days on market
22
Estimated value trend
14%
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 20/118 Mounts Bay Road

2025
Sold
$540,000
24 Sep 2025 by Maya Kobayashi, of ProProperty Group
2023
Rented
Undisclosed
Leased on 07 Nov 2023 by ProProperty Group

Happy sellers in Perth

92%
92% 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 113 reviews in Perth over the last 12 months.

Local market activity for 2 bedroom apartments in Perth

In the last 12 months, 267 two-bedroom apartments similar to 20/118 Mounts Bay Road, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Shuai Pei

Shuai Pei is a recommended agent for Perth.  They have 3 local sales and collected 32 local reviews across the last 12 months.

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Brendon Habak

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Ivan Tang

Ivan Tang is a recommended agent for Perth.  They have 10 local sales and collected 8 local reviews across the last 12 months.

  •   5   (18 reviews)
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Claude Iaconi

Sellers who recommend Claude Iaconi have praised them for being local expert, clear communication, supportive, responsive, friendly, reliable and honest

  •   4.9   (380 reviews)
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