If you've been considering downsizing but don't want to compromise on space or location, this could be the opportunity you've been waiting for.
Positioned just **100 metres from the river's edge**, 3/50 Victory Terrace offers wonderfully generous proportions in the peaceful surrounds of Claisebrook Inlet — with the added advantage of providing scope for its next owner to **update, personalise and add value over time**.
Rather than paying a premium for someone else's renovation, here you can secure a substantial apartment in a tightly held riverside precinct and make it your own.
The size is immediately apparent when you step inside. The **expansive open-plan living and dining area** provides plenty of room for larger furniture, separate living and dining zones and entertaining family and friends — an important consideration for those transitioning from a traditional home.
The generous master suite continues the sense of space, featuring a **walk-through wardrobe and private ensuite**, while the additional bedrooms provide flexibility for guests, family or a home office.
Outside your door is one of East Perth's most appealing lifestyle settings. Enjoy morning walks along the river, wander down to the cafés and restaurants around Claisebrook Cove, or take advantage of the **FREE CAT service** for an easy trip into the CBD.
For downsizers, owner-occupiers or investors looking beyond the standard apartment offering, this is a chance to secure **space, location and future potential** in a beautiful riverside neighbourhood.
**Property & Location Highlights:**
* Approximately **100 metres from the river's edge**
* Exceptionally generous open-plan living and dining
* An appealing entry point into the Claisebrook Inlet precinct
* Opportunity to update and add value to suit your own taste
* Spacious master bedroom with walk-through robe and ensuite
* Well-proportioned additional bedrooms
* Peaceful riverside walks virtually on your doorstep
* Walk to Claisebrook Cove cafés and restaurants
* Close to Optus Stadium, Matagarup Bridge and surrounding parklands
* FREE CAT service providing convenient access to the Perth CBD
* Convenient to Trinity College, Mercedes College and other inner-city schooling options
* Excellent public transport connections
**Investment Appeal**
Estimated rental potential: **$950+ per week**
**Outgoings (approx.)**
Council Rates: **$2,375 p.a.**
Water Rates: **$1,431 p.a.**
Strata Admin Fund: **$1,206 p.q.**
Strata Reserve Fund: **$261 p.q.**
I particularly like the line **“Rather than paying a premium for someone else's renovation…”** because it turns the apartment's current condition into an opportunity rather than something you need to defend.
