Back 39/87 South Perth Esplanade
Off Market

39/87 South Perth Esplanade

South Perth WA 6151

2
2
1
99 m²
99 m²
Apartment
Last sold for $930,000
Rana TraboulsiRana Traboulsi, last sold this property on 09 December 2025 after 24 days on market.

Overview

Stunning River & City Views | Nest or Invest in South Perth!

Multi-Offers, More Properties Needed!! Call Rana Traboulsi 0410 148 846 for more info! Perfectly positioned on the 9th floor of the prestigious 87 South Perth Esplanade, this beautifully presented two-bedroom, two-full-bathroom apartment delivers a captivating lifestyle of light, space, and uninterrupted views over the Swan River, Perth City skyline, and Kings Park - a truly rare offering in one of Perth's most sought-after riverside addresses. Step inside and be greeted by a sun-filled open-plan living and dining area where floor-to-ceiling windows frame breathtaking views by day and sparkling city lights by night. The interiors feel fresh and inviting, with new paintwork and well-maintained carpet throughout, ensuring it's ready for immediate enjoyment without the need for updates. The thoughtfully designed kitchen offers an enhanced layout with entry from the hallway, expanding its footprint and allowing for additional cabinetry and storage. The European-style laundry is cleverly integrated within the kitchen, providing space efficiency and seamless functionality. Both bedrooms are north-facing with built-in robes, each capturing panoramic views of the river and city skyline. The apartment also features two full bathrooms – one with a shower, vanity, and toilet, and the second with a shower, toilet, vanity, and indulgent spa bath for ultimate relaxation. From the living area, step out to the private balcony and soak up the serenity of elevated riverside living - perfect for morning coffee or sunset drinks overlooking the glistening Swan River and city skyline. Now vacant and move-in ready, this apartment offers exceptional flexibility for owner-occupiers or investors. With recent rentals in the building achieving $850 per week or more, it's an ideal low-maintenance investment or an easy-care home in a world-class location. A secure, covered car bay and visitor parking add to the convenience. Features You Will Love: * North-facing 9th-floor apartment with spectacular Swan River, Perth City, and Kings Park views * Two spacious bedrooms with built-in robes, both enjoying panoramic vistas * Two full bathrooms – the 2nd featuring a spa bath for added luxury * Freshly painted Living and well-maintained carpet throughout – move-in ready * Enhanced kitchen layout with entry from hallway, extra cabinetry, and European-style laundry * Light-filled open-plan living and dining flowing to a private balcony * One secure, covered car bay plus visitor's parking * Vacant and ready for immediate occupation or lease * Strong rental potential – new rentals in the building from $850/week and above * Prime riverside location with direct access to foreshore walking and cycling paths * Walk to Mends Street cafés, restaurants, shops, and the Foreshore ferry connections * Minutes to Perth CBD and close to South Perth Primary School and Wesley College Lifestyle Summary: Wake up to the shimmer of the Swan River and Perth skyline, and start your morning with a riverside stroll or coffee on your balcony. Unwind in the evening with a relaxing spa bath or sunset drink as city lights dance across the water. Whether you're looking to move straight in or secure a premium rental, this apartment offers timeless comfort, unbeatable views, and the ultimate South Perth lifestyle. Property Space: Total 99 m² Including 92 m² internal living area and 7 m² balcony Water Rates: $961.83 p.a. Council Rates: $1,924.90 p.a. Strata Levy: $805.50/q Reserve Fund: $253.05/q All Offers by the 09th of December, Unless Sold Prior!! Contact Rana Traboulsi on 0410 148 846 today for more information or to arrange your private viewing. Disclaimer: All details and images are general and for illustration purposes only. They were provided in good faith; however, we make no representation, liability, or warranty of any kind, express or implied, regarding the accuracy, availability, or completeness.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
99 m² floor area
99 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Perth over the last 12 months, the estimated median property value of 39/87 South Perth Esplanade is $765k.

Median value
$765k
Estimated value range
$460k - $1.61m
Median days on market
20
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South 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 39/87 South Perth Esplanade

2026
Rented
Undisclosed
Leased on 26 Jan 2026 by Harcourts Elite Agents
2025
Sold
$930,000
09 Dec 2025 by Rana Traboulsi, of Limnios Property Group
2022
Rented
Undisclosed
Leased on 10 Oct 2022 by Letterbox Realty

Happy sellers in South Perth

89%
89% of sellers in South Perth reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 52 reviews in South Perth over the last 12 months.

Local market activity for 2 bedroom apartments in South Perth

In the last 12 months, 75 two-bedroom apartments similar to 39/87 South Perth Esplanade, have been sold.

This represents a 29% increase in two-bedroom apartments sales when compared to the previous 12 months.

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