Back 27/122 Terrace Road
Off Market

27/122 Terrace Road

Perth WA 6000

1
1
Unit
Last sold for $275,000
Walter IustiniWalter Iustini, last sold this property on 01 July 2024 after 4 days on market.

Overview

27/122 Terrace Road Perth

Urban Elegance and Tranquility at Your Doorstep Welcome to your urban sanctuary, a secure and stylish 34m2 studio apartment located on the prestigious Terrace Road, right in the heart of Perth City's vibrant CBD. Imagine living just moments away from the serene Swan River, where the best of city life and peaceful waterfront living converge. Stylish and Functional Living Step inside to discover a Fully Renovated studio apartment that maximizes space and functionality. This apartment features a thoughtfully designed layout, with a separate bathroom and kitchen that offer both privacy and practicality. The spacious living/bedroom area is a blank canvas, ready for you to customise and create your ideal living space. Investment Opportunity Currently, Available with Vacant Possession, in one of Perth's most desirable locations. . With the current market conditions, there's an exciting potential to increase returns, with similar properties fetching up to $400 - $450.00 per week. Unmatched Location Situated in the bustling heart of Perth, this studio places you within walking distance of everything you need. Enjoy easy access to fine dining, trendy cafes, chic boutiques, and cultural attractions. The nearby Swan River offers a picturesque backdrop for morning jogs, leisurely strolls, and weekend picnics. Features - 34sqm internal living - 200m access to the riverfront, walking & cycling path, and Crown Casino less than 4km away - 300m to Perth CBD - Fantastic access to Freeway entries - Fully Renovated with separate kitchen & bathroom - Low maintenance living - Langley Park across the road, Elizabeth Quay a short walk, the City easily accessible via buses along Adelaide Terrace - Secure gated complex - Perth Airport: less than 13km away Don't Miss Out This studio apartment on Terrace Road is more than just a place to live—it's a lifestyle choice. Whether you're an astute investor or looking for the perfect urban retreat, this property promises convenience, comfort, and style in one of Perth's most sought-after locales. Act now to secure your piece of this thriving urban oasis. Click 'Get in Touch' or 'Email Agent' for floor plan and strata information. This property is sold unfurnished. Virtual furniture and fittings for illustration purposes only. Property Code: 1545

Features

1 bedroom
1 bathroom
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Perth over the last 12 months, the estimated median property value of 27/122 Terrace Road is $505k.

Median value
$505k
Estimated value range
$230k - $645k
Median days on market
12
Estimated value trend
29%
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 27/122 Terrace Road

2025
Rented
Undisclosed
Leased on 07 Aug 2025 by LJ Hooker City Residential - Perth
2024
Rented
Undisclosed
Leased on 07 Aug 2024 by LJ Hooker City Residential - Perth
2024
Sold
$275,000
Private Sale/Treaty on 01 Jul 2024 by Walter Iustini, of KPR Perth

Happy sellers in Perth

94%
94% 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 62 reviews in Perth over the last 12 months.

Local market activity for 1 bedroom units in Perth

In the last 12 months, 19 one-bedroom units similar to 27/122 Terrace Road, have been sold.

This represents a 30% decrease in one-bedroom units sales when compared to the previous 12 months.

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