310/29 Melville Parade, South Perth, WA 6151

First Home or Smart Investment with River Views & Airbnb Approval

This 1 bedroom, 1 bathroom apartment is positioned in one of South Perth's most tightly held riverside locations, offering stunning views of the Swan River and the highly sought after advantage of existing council approval for short-stay accommodation (Airbnb). Whether you are a first home buyer seeking a premium lifestyle address or an investor looking for flexibility and strong returns, this property presents an exceptional opportunity.

Designed for low-maintenance living, the apartment offers the freedom to move straight in, secure a quality long term tenant, or capitalise on the growing short-stay Airbnb market, a rare level of versatility in such an amazing suburb!

For first home buyers, this is a chance to enter the South Perth market with confidence, enjoying excellent transport links, everyday convenience, and the option to live in now while retaining future rental or short-stay flexibility. For investors, the combination of river views, consistent long-term rental demand, and Airbnb approval already in place creates a high-performing asset with multiple income pathways and strong upside.

Perfectly positioned to enjoy the very best of South Perth living, this apartment is just moments from the South Perth Foreshore, offering picturesque riverside walks, cycling paths, and uninterrupted views of the Perth CBD and Kings Park!

Whether you're entering the market, expanding your portfolio, or securing a flexible property that adapts to your lifestyle or investment strategy, this apartment delivers a level of versatility and appeal rarely found in apartment living.

Property Features
- Council Approval for Airbnb Short Stay.
- North-facing balcony with Swan River views.
- Open plan kitchen, dining and living area.
- Ample kitchen cupboard storage space.
- Spacious bedroom with built-in robe.
- Freshly painted ensuite bathroom with large shower and vanity.
- Reverse-cycle split system air conditioning.
- Built-in European style laundry.
- Hybrid flooring through out dining area, living area and bedroom.
- Lockwood digital lock.
- One designated undercover car bay.
- Secure, well-maintained complex.

What's Nearby
- South Perth Foreshore & Swan River walking paths.
- Perth Zoo.
- Windsor Hotel, cafés & restaurants.
- Mends Street ferry to Perth CBD.
- Mill Point Road freeway access.
- Surrounded by public transport.

Rates & Fees:
Rental Appraisal $600pw
Council Rates $1,964.24pa
Water Rates $997.74pa
Strata $885.35pq

This property will not last!! Contact Jordan Colangelo for further information.

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

Type

Apartment

Bedrooms

1

Bathrooms

1

Parkings

1

Area

71 m²

House Size

52 m²