3/130 Terrace Road, Perth, WA 6000

From $660,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, June 03, 2026 ( See property details for 3/130 Terrace Road, Perth, WA 6000)

From $660,000

Zac Addenbrooke DIRECTOR | LICENSEE | PROPERTY CONSULTANT
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A highly sought-after ground floor apartment in Perth's premier riverfront location, offering excellent investment potential and modern living amenities.

🏡 Property Highlights

  • Unbeatable location opposite Langley Park and Elizabeth Quay with river foreshore access
  • Ground floor apartment offering privacy and peace within a secure complex
  • Additional income from carpark rental, generating approximately $28,120 net annually
  • Premium R160 zoning with future development potential and high-rise allowances
  • Recently upgraded electricity services worth $240,000
  • Close proximity to Perth CBD, public transport, and top schools

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Internal Laundry
  • Pet-Friendly

Perth’s Langley Park and Elizabeth Quay area is renowned for its vibrant riverfront lifestyle, offering expansive parklands, scenic walking and cycling paths, and a lively cultural scene. The neighbourhood combines peaceful green spaces with easy access to the CBD’s dining, entertainment, and business hubs. Its strategic location near top schools and universities makes it ideal for professionals and families alike. The area’s ongoing development plans, including the $1 billion Langley Park masterplan, promise exciting future growth and investment opportunities.

What are the current rental conditions and potential for future rental income?
The property is currently rented to reliable tenants until December 2026, with additional income generated from carpark rentals, providing a steady income stream.
What recent upgrades have been made to the property?
The complex has recently undergone a $240,000 upgrade to its electricity services, enhancing safety and reliability.
How does the zoning affect future development possibilities?
The site is zoned R160 with a 2:1 plot ratio and height allowances up to 14 metres (five storeys), offering significant future development potential.
What amenities and lifestyle features are nearby?
The property is set across from Langley Park, Elizabeth Quay, and the Riverside Drive foreshore walking paths, with easy access to CBD attractions, dining, and entertainment.
Is the property suitable for families or professionals?
Yes, it is within catchments for Highgate Primary School and Bob Hawke College, and close to universities, making it ideal for families and professionals alike.
Are there any upcoming planning or development applications in the area that could impact the property’s value or environment? What are the strata or body corporate fees, and are there any special levies or assessments planned? Are there any easements, zoning restrictions, or covenants that could limit future modifications or development? Has the property been inspected for structural issues, pests, or other defects? What are the flood and bushfire risks associated with this location? Are there any planned infrastructure projects or construction activities nearby that could cause noise or disruption? Is there any history of disputes or issues with the current tenants or management? What are the long-term implications of the current zoning and development potential for this property? Are there any hidden costs associated with the recent electricity upgrade or other recent works? Is the carpark rental income guaranteed, and are there any restrictions on future rental arrangements?

3/130 Terrace Road, Perth, WA 6000 - More Details

From $660,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
House Size
67 m²

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