Sellers Instructions: Must Be Sold On or Before Auction Day!
Set directly opposite Langley Park and just moments from the Swan River, 18/122 Terrace Road puts some of Perth's best-known lifestyle destinations right on your doorstep.
Recently renovated throughout, the apartment has been refreshed from top to bottom with new flooring to the main living area, new kitchen cabinetry, fresh paint and an updated bathroom and shower. It has also been refurnished and is being sold fully furnished, creating a property that's already been brought up to date for its next owner.
Currently leased at $550 per week until 9 February 2027, investors can step into an established tenancy from settlement, with no immediate need to renovate, furnish or find a tenant.
Beyond the investment appeal, it's also an ideal option for buyers wanting a future Perth base. With an easy-care layout, secure complex and enviable position opposite Langley Park, you can enjoy the convenience of inner-city living without the maintenance of a larger property.
Property Features
• Extensively renovated and refreshed throughout
• Freshly painted
• New flooring to the main living area
• New kitchen cabinetry
• Updated bathroom and shower
• Fully furnished, with furniture included in the sale
• Secure tenant in place until 9 February 2027
• Currently leased at $550 per week
• Secure complex
• Low-maintenance, lock-and-leave living
• Communal laundry with three washing machines and two dryers
• Designated washing hoist area
Location Highlights
• Directly opposite Langley Park
• 100m to Swan River Foreshore
• 300m to public transport & Free CBD Transit Zone
• 500m to Perth Concert Hall
• 1km to Foodies Market IGA
• 1.1km to Elizabeth Quay
• 1.3km to Perth CBD & Hay Street Mall
• 1.3km to Barrack Street Jetty & The Bell Tower
• 3.2km to Optus Stadium
• 3.5km to Kings Park
• 11km to Perth Airport
Property Particulars:
• Strata Rates: $598.75 p/q
• Council Rates: $1,392.65 p/a
• Water Rates: $972.96 p/a
• City of Perth
Auction Venue:
• Ray White Urban Springs Office: 311 Abernethy Road, Cloverdale.
• Wednesday 23rd September 2026, 6.00pm start unless sold prior
Auction Terms:
• $25,000 deposit on the fall of the hammer
• Sold 'as is' with no warranties
• Settlement 30 or 45 days (chosen by buyer at signing of contract)
Contact Lilly for further information - 0430 990 658 - lilly.kopf@raywhite.com
All distances are approximate and we make no warranties with respect to school catchments.
Disclaimer: We have, in preparing this document, used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Highline Asset Pty Ltd ACN 137 025 015.
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