33/124 Terrace Road, Perth, WA 6000

Mid $300ks

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Wednesday, June 17, 2026 ( See property details for 33/124 Terrace Road, Perth, WA 6000)

Mid $300ks

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully furnished, secure 1-bedroom apartment in Perth's CBD offering immediate rental income and prime location advantages.

🏡 Property Highlights

  • Fully furnished and equipped 1-bedroom apartment with immediate rental income
  • Prime Terrace Road address in Perth's CBD with excellent walkability
  • Secure, gated complex with on-site shared laundry facilities
  • Currently tenanted at $430 per week until July 2026, offering immediate income
  • Positioned on Level 2 of the prestigious Princes of Perth Apartments
  • Close to major attractions including Perth Concert Hall, Elizabeth Quay, and Kings Park

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Dishwasher
  • Security Screens / Gates
  • Open-Plan Living
  • Waterfront / Views
  • NBN / High-Speed Ready
  • Internal Laundry
  • Fly Screens

Perth's CBD offers vibrant city living with excellent walkability, proximity to cultural attractions, dining, shopping, and outdoor recreational spaces. The area boasts a strong rental market, making it ideal for investors seeking high demand and convenience. Residents enjoy easy access to public transport, waterfront activities, and major event venues. The neighbourhood combines urban amenities with a lively lifestyle, perfect for professionals and investors alike. With ongoing development and a thriving cultural scene, Perth CBD remains a highly sought-after location for property investment.

What are the current rental terms and potential for future rent increases?
The property is currently tenanted at $430 per week until 25/07/2026, with potential for rent increases upon lease renewal or after renovations.
What amenities are included in the complex?
The complex features secure gated access, onsite shared laundry facilities, and first-in, first-served parking with additional street parking permits available.
Is the property suitable for owner-occupiers in the future?
Yes, the property can be owner-occupied once the current tenancy concludes, offering flexibility for personal use.
What are the nearby amenities and attractions?
The apartment is within walking distance to Perth Concert Hall, Elizabeth Quay, Kings Park, Foodies Market IGA, and the CBD shopping precinct.
What is the condition and age of the building?
Built in 1960, the building is well-maintained and positioned on Level 2 of the Princes of Perth Apartments, with ongoing management and upkeep.
Are there any upcoming strata or body corporate fee increases or special levies planned? Are there any restrictions or easements affecting the property or complex? Has the property been inspected for structural issues or pest infestations? Are there any planned developments or construction projects nearby that could impact the property? What are the long-term plans for the complex's maintenance and reserve funds? Is the property compliant with all building codes and safety regulations? Are there any restrictions on modifications or renovations to the apartment? What are the potential costs for future repairs or upgrades? Is the property located in a flood or bushfire-prone area? Are there any noise or nuisance issues from neighbours or nearby activities?

33/124 Terrace Road, Perth, WA 6000 - More Details

Mid $300ks

Blair Becker is proud to present this 1-bedroom studio apartment complimented with the prestigious Terrace Road address.
Enquire now - Private viewings are welcomed.

Currently Tenanted at $450 per week until 25/07/2027, providing you as the next owner with immediate income from day one, with the opportunity to extend the current tenancy, readvertise after renovations, or the option to move in yourself once the tenants vacate.

Add this property to your investment portfolio today!
In this high demand rental market, why would you want to miss out on taking advantage of turning this home into an income producing investment property. I would love the opportunity to introduce you to Our Head of Asset Management today.

Property Highlights:
- 1-bedroom x 1-bathroom studio apartment
- 33sqm internal living area
- Positioned on Level 2 of the Princes of Perth Apartments
- 1960 build with 36 lots across 3 floors
- Secure & gated complex
- Gas kitchen appliances
- Onsite shared laundry facilities
- First in, first served parking scenario with additional street parking permits available
- Currently tenanted at $450 per week until 25/07/2027

Location, Location, Location!
- 300m to public transport (Free CBD Transit Zone)
- 500m to Perth Concert Hall
- 1km to Foodies Market IGA Langley Park East Perth
- 1.1km to Elizabeth Quay waterfront, pop-up bars and events, ferry, restaurants and river access for boating
- 1.3km to CBD, Hay Street Mall, shopping and more
- 1.3km to Lake Vasto and Point Fraser with Embargo Bar, Cafes, Restaurants
- 1.6km to Perth Convention & Exhibition Centre
- 3.5kms to Kings Park Contact Exclusive

Council Rates: $1,350.75 per annum (approx.)
Water Rates: $933.93 per annum (approx.)
Strata Levies: $680.64 per quarter inclusive of Admin & Reserve Funds (approx.)

Contact the Selling Agent Blair Becker on 0422 513 848 to secure this perfectly positioned, 2nd floor unit.
** Images do not show the current furniture, condition or presentation. Advertised images show staging furniture for marketing purposes only.

Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations to proceed with making an offer
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

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