303/29 Melville Parade
South Perth, WA 6151

Overview

Swan River Views | Short-Stay Potential | Prime South Perth Living

Positioned along the prestigious riverfront of South Perth, Apartment 303/29 Melville Parade offers an exceptional lifestyle opportunity with strong investment appeal, ideal for first home buyers and investors alike.

This well-appointed residence features one spacious bedroom and one modern bathroom. The functional open plan living, kitchen, and dining area create a comfortable and cohesive space perfect for relaxation or entertaining guests. The living zone is carpeted, providing warmth and comfort, and flows seamlessly onto a private balcony where residents can enjoy stunning views of the Swan River, a standout feature that truly elevates the home.

The generous master bedroom offers excellent proportions and abundant natural light, complemented by a contemporary bathroom finished in clean, modern tones. A cleverly integrated European-style laundry maximizes space efficiency, while the inclusion of one undercover designated car bay adds everyday convenience.

For investors, this property presents strong short-stay and Airbnb potential. With its river outlook, premium location, and proximity to the Perth CBD, the apartment is ideally suited to attract interstate visitors, corporate travelers, and holidaymakers seeking a convenient and attractive location. The flexibility to explore short-stay accommodation provides an additional income stream opportunity beyond traditional long-term leasing, enhancing its overall appeal as a versatile asset.

Lifestyle is where this property truly shines. Residents can enjoy morning walks or sunset strolls along the iconic South Perth Foreshore, take in uninterrupted city skyline views, or explore the vibrant café and dining scene along Mends Street just moments away. The location also offers easy access to ferry services to the Perth CBD, public transport routes, local parks, and some of Perth's most popular restaurants and entertainment venues, all contributing to the area's consistent rental demand and enduring popularity.

Key Features:

• One spacious bedroom
• Modern bathroom
• Open plan living, kitchen, and dining area
• Carpeted living area for added comfort
• Private balcony with Swan River views
• European-style laundry
• One undercover designated car bay
• Strong short-stay and Airbnb potential

Nearby Amenities:

• South Perth Foreshore
• Mends Street café and dining precinct
• Perth Zoo
• South Shore Shopping Centre
• Sir James Mitchell Park
• McCallum Park
• Ferry access to the Perth CBD
• Close proximity to Kwinana Freeway access

Council rates are approximately $1,907.41 per annum, water rates around $965.04, and strata fees approximately $885.35 per quarter. Rental appraisal estimates range from $670 to $690 per week.

Whether you are entering the market, securing a city-fringe base, or adding a high-demand investment to your portfolio, this apartment represents South Perth buying at its finest.

Disclaimer: This information is provided for general information purposes only and is based on information provided by the seller. It may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should make their own independent inquiries.

Location