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Overview
Occupying a prized position with panoramic views of the Swan River and a lush riverside park, this apartment at 16 / 42-52 Terrace Road, East Perth, exemplifies a refined urban lifestyle with an emphasis on light, space, and convenience.
The residence benefits from expansive floor-to-ceiling windows that flood the living spaces with natural light, creating an inviting atmosphere while framing stunning vistas. A generous balcony, enveloped by greenery, offers an ideal setting for quiet relaxation or casual entertaining, merging indoor and outdoor living seamlessly.
The gourmet kitchen is a focal point of style and function, equipped with modern appliances and elegant stone benchtops that complement the open layout flowing into the dining area. This setup is conducive not only for everyday living but also for hosting friends and family with ease.
Residents enjoy access to premier facilities within the esteemed Panorama Apartments complex, including a rooftop swimming pool, a spa, a fully appointed gym, and a sauna that boasts city skyline views. Additional conveniences such as a dedicated BBQ area, secure parking for two vehicles, private storage, and an artfully designed lobby underscore the building’s exclusivity and thoughtful design. Enhanced security features such as key card access, CCTV, and patrols ensure peace of mind.
Positioned just minutes from the vibrant heart of Perth CBD, and within walking distance to iconic landmarks like Elizabeth Quay and Langley Park, this apartment is perfectly placed for those seeking a lively yet refined lifestyle. Waterfront dining, shopping, and entertainment options lie at your doorstep, promoting a balanced city living experience.
Key features highlight the apartment’s practicality and style with a total floor area of 198sqm encompassing 140sqm internal space, a 27sqm balcony, 29sqm parking, and 2sqm storage. Built in 2002, the property sits on the 5th level with a north-south orientation enhancing natural climate control. The complex comprises 139 strata lots and is zoned for residential use under City of Perth regulations. School catchments include Highgate Primary and Bob Hawke College, plus nearby prestigious private schools like Trinity Grammar and Mercedes College, making this location suitable for a variety of residents including professionals and discerning downsizers.
This apartment currently holds a secure lease until October 24, 2026, generating a rental income of $950 per week, providing an excellent investment opportunity as well.
Local Market Insights
In East Perth, Quiet Listings observed 45 new apartments entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $775,222. The property type mix of listed properties is predominantly Apartments at 83%, followed by houses (10%), and units (5%). The most active agency for apartments in the East Perth area is currently Inhabit Property, representing 40% of new listings, followed by Halyn Property with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
East Perth WA 6004
