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38/42-52 Terrace Road, East Perth WA 6004

Offers from $1,150,000
  • 2 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 189m2
Apartment
38/42-52 Terrace Road, East Perth WA 6004

A special Panorama opportunity with river views

An ideal family home or investment opportunity, with panoramic river views and high-end finishes, offered fully furnished for a seamless ‘walk-in, walk-out’ experience.

Positioned high on Level 10 in the prestigious East Wing of Panorama, Apartment 38 is a standout residence offering uninterrupted views across the Swan River, Langley Park, and Perth's dynamic city skyline. With 129sqm of internal space and two spacious balconies (20sqm + 10sqm), this is riverside living at its best.

What truly sets this apartment apart is its exclusive finish and thoughtful layout - featuring striking marble-look stone tiles throughout the living, dining, kitchen and dedicated office area, creating a luxurious feel rarely seen in the market. From the moment you enter, you're greeted by panoramic water views that flow seamlessly through the kitchen, dining, living, and study, delivering breathtaking views that never lose their charm.

The open-plan design offers excellent separation between the bedrooms and entertaining zones. Both bedrooms include built-in robes and plantation shutters, adding warmth and sophistication, while the fully tiled bathrooms and separate laundry add practical comfort.
The kitchen is fully equipped with a Miele oven, gas cooktop, stone benchtops, dishwasher, fridge, and ample cabinetry. The apartment is sold fully furnished, making it ideal for both investors and owner-occupiers.

Panorama is situated in a prime riverfront location within walking distance to Elizabeth Quay, the CBD, and Perth’s finest dining and entertainment precincts. Enjoy easy access to free public transport, Optus Stadium, Crown Entertainment Complex, riverside walking trails, and vibrant green spaces. Offering unmatched quality, privacy, and panoramic outlooks, Apartment 38 is a rare opportunity to secure one of East Perth’s most elevated lifestyle experiences.

Property Highlights:
• Level 10 apartment with river views in the renowned Panorama complex (built 2002)
• Exceptionally spacious with 129sqm of internal living
• Stylishly upgraded throughout, including luxurious marble-look tiled floors and interior paint
• Ducted reverse-cycle air conditioning throughout
• Two secure ground floor car bays (side-by-side)
• Plantation shutters for privacy and style
• Contemporary stone benchtops
• Premium Miele appliances, including gas cooktop

Size breakdown:
• Total area: 189sqm
• Internal living: 129sqm
• Balconies combined: 30sqm (20sqm + 10sqm)
• Storeroom: 3sqm
• Car bays: 27sqm

Rates (Estimated):
• Council rates: $2,667.45 p/a
• Water rates: $ 1,474.99 p/a (01/07/2024 to 30/04/2025)
• Strata levies: $2,322.60 p/q (Admin) + $347.60 p/q (Reserve) = $2,670.20 p/q (Total)
• Currently leased for $950/week until 30 September 2025

Premium resident amenities:
• Exclusive 25m rooftop pool on the 18th floor
• Private resident lounge and BBQ entertaining space with panoramic river views
• Fully equipped gym, sauna, and relaxing spa
• Serene garden courtyard for peaceful retreats
• Professional onsite building manager and concierge services

LOCATION HIGHLIGHTS
• 270m to closest bus stop and cafes
• 1.5km to Elizabeth Quay
• 1.8km to Hay Street Mall
• 2.2km to Matagarup Bridge
• 2.3km to Yagan Square
• 2.3km to Perth Underground train station / bus port
• 2.9km to RAC Arena
• 3.0km to Kings Park
• 3.6km to Optus Stadium

Contact Exclusive Selling Agent Darek Peszel on 0414 888 333.

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 enquiries.

Property features

  • Air conditioned  
  • Garages 2
  • Floor area 129m2
  • Study  

Property snapshot by reiwa.com

This property at 38/42-52 Terrace Road, East Perth is a two bedroom, two bathroom apartment listed for sale by Darek Peszel at Peard Real Estate.

For more information about East Perth, including sales data, facts, growth rates, nearby transport and nearby shops, please view our East Perth profile page.

If you would like to get in touch with Darek Peszel regarding 38/42-52 Terrace Road, East Perth, please call 0414 888 333 or contact the agent via email.

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Nearby schools

0.7km
Mercedes College
  • Secondary
  • Non-government
1.0km
Trinity College
  • Combined
  • Non-government
1.6km
St George's Anglican Grammar School
  • Secondary
  • Non-government
Disclaimer

East Perth overview

A tranquil waterside village, East Perth is situated less than two kilometres from the Perth city hub. Admired for its beautiful residential landscapes, the idyllic riverside suburb has long since set the benchmark for inner-city living. East Perth provides a bustling urban lifestyle against a picturesque backdrop.

Life in East Perth

There are eateries, sporting venues, pubs and evening venues all accessible within East Perth. The iconic Royal Street is home to some of the best brunch spots in Perth and there is The Royal on The Waterfront, a much loved pub, restaurant and cocktail bar. The WACA, the home of cricket in Western Australia, is also a feature of the suburb and hosts some of the biggest games in cricket every year. Other notable mentions include the Perth Mint, Claisebrook Cove and City Farm.

East Perth quick stats

High end $2.2m
Median $1.6m
Low end $1.3m
8.8 %
Annual growth
$1.6m
Annual median sales price
$792pw
Annual median rental price

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FAQ's

Nearby schools include Mercedes College, Trinity College and St George's Anglican Grammar School.

The average number of selling days in East Perth is 56 days.

38/42-52 Terrace Road, East Perth has been viewed 359 times on reiwa.com, and has appeared 63,773 times in reiwa.com search results.

38/42-52 Terrace Road, East Perth is a 2 bedroom, 2 bathroom apartment.
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