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Unlock the ultimate lifestyle and investment opportunity at Unit 27/118 Mounts Bay Road, Perth 6000. This expansive 2-bedroom, 1-bathroom apartment spans 122 sqm of light-filled living, seamlessly blending modern elegance with resort-style amenities in Perth's thriving CBD. Positioned at the base of Kings Park, enjoy stunning river glimpses, a sleek open-plan layout with stainless steel appliances and stone benchtops, a private balcony off the living area, and a second balcony off the master bedroom-perfect for morning coffees or evening relaxation.
Currently leased at $780/week until 31st Aug 2025, this property delivers a proven 7.7% rental yield, making it a standout for savvy investors. For owner-occupiers, the "lock and leave" design means goodbye to chores and hello to weekends exploring Perth's top cafes, restaurants, and bars, or staying active with tennis, the gym, or a climb up Jacob's Ladder- all just moments away. Unwind by the pool, tackle the nearby walking and cycle paths along the Swan River, or have a smorgasbord of iconic CBD dining delivered to your door.
Nestled in a secure complex with fob entry, this home includes a self-contained laundry, built-in wardrobes, reverse-cycle air conditioning, a storeroom, and 1 secure undercover car bay. Strata levies are $917.81 (admin) and $241.16 (reserve) per quarter, ensuring well-maintained facilities like a swimming pool, gym, and tennis court. With Perth's unit market soaring (+23.7% growth) and a median sale time of 17 days, this rare CBD gem near Elizabeth Quay and St Georges Terrace won't last long-inspect today!
Key Features:
- 2 spacious bedrooms with built-in wardrobes and second balcony off the master
- Modern bathroom with quality finishes
- Open-plan living with city views, stainless steel appliances, and stone benchtops
- Two private balconies for outdoor enjoyment
- Reverse-cycle air conditioning for year-round comfort
- High-end LG 60cm TrueSteam dishwasher, LG fridge, and a premium combined washer and dryer.
- Self-contained laundry and storeroom
- 1 secure undercover car bay + 1 free parking permit easily applied through Strata.
- High rental demand: 7.7% yield ($780/week)
- Resort-style amenities: swimming pool, gym, tennis court
- Secure complex with fob entry
Location Amenities (Walking Distances):
- John Oldham Park: 20m
- Jacob's Ladder: 260m
- Perth Convention Centre: 300m
- Kings Park: 460m
- St Georges Terrace: 600m
- Elizabeth Quay: 800m
- Swan River: 1km
- North Bridge: 1.4km
Strata Levies:
- Admin: $917.81 per quarter
- Reserve: $241.16 per quarter
Council Rate: $405 per quarter
Water rate: $258
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Features
Balcony/Patio/Terrace, Bath, Modern Bathroom, Modern Kitchen, Gym, Tennis Court, Concierge/Manager, Intercom, Safe, Swipe Card, Close to Parklands, Close to Shops, Close to Transport, Near Waterfront, Quiet Location, Views, Resort Property, Air Conditioning, Built-ins, Internal Laundry, Swimming/Lap Pool, Dishwasher, Balcony, Living Area
