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OPPORTUNITY AWAITS
Opportunity awaits in this well positioned South Perth apartment, offering generous proportions, unbeatable access to the riverfront, and strong yield potential.
Set within a well-maintained complex with lift access and gated security, this two-bedroom apartment is generous is size. The spacious layout includes a large open-plan living and dining area that flows seamlessly onto a private balcony, capturing elevated area views.
Perfect for investors with a current tenant who would be interested to continue at the end of the lease period. With one secure car bay and strong long-term rental appeal, this is smart buying in a tightly held riverside pocket.
Features include:
Two generous sized bedrooms, master with built-in robes
One bathroom with practical layout
Separate laundry
Spacious open-plan living and dining area filled with natural light
Private balcony offering open views across the surrounding area
Secure complex with gated access and lift
Well-maintained common areas
One allocated car bay
Location Highlights:
Direct access to Sir James Mitchell Park and the Swan River foreshore
A short stroll to the Mends Street café and restaurant precinct
Also close to the vibrant Angelo Street dining and shopping hub
Easy access to ferry terminal for scenic city commutes
Close to major bus routes linking to Perth CBD and beyond
This apartment represents an outstanding opportunity to secure an easy investment in one of South Perth's most convenient and desirable locations.
Note: There is a current rental agreement in place until 7/5/2026 with the tenant paying $600 / week.
City of South Perth - $1,964 p/a
Water Corporation - $1,040 p/a
Strata (admin) - $1,200 p/q
Strata (reserve) - $105 p/q
Property features
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Air conditioned
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Floor area
91m2
Property snapshot by reiwa.com
This property at 18/144 Mill Point Road, South Perth is a two bedroom, one bathroom apartment sold by Tony de Graaf and Nicola Tobin at Bourkes on 02 Jul 2025.
Looking to buy a similar property in the area? View other two bedroom properties for sale in South Perth or see other recently sold properties in South Perth.
Cost breakdown
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Council rates: $1,964 / year
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Water rates: $1,040 / year
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Strata fees: $1,200 / quarter
Nearby schools
South Perth overview
Envied for its beautiful riverside positioning, South Perth's affluent lifestyle provides breathtaking views from numerous vantage points within its five square kilometre land area. The established suburb has a commercial area within its boundaries, as well as significant parkland sections along the foreshore.
Life in South Perth
South Perth is rife with places to visit as well as restaurants, reserves and gardens, with perhaps its most notable feature being the Perth Zoo. Among its numerous dining establishments, Coco's on the foreshore is the most exclusive and takes full advantage of the gorgeous surrounding river views. The Windsor Hotel, Bar & Restaurant is a popular fixture of the suburb as is the Royal Perth Golf Club.
South Perth quick stats
High end
$2.6m
Median
$1.9m
Low end
$1.6m
7.5 %
Annual growth
$1.9m
Annual median sales price
$850pw
Annual median rental price
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