Tucked away in one of Perth's most tightly held pockets, this spacious apartment at 22/132 Mounts Bay Road presents a wonderful opportunity for those looking to secure a foothold in an exceptional inner-city location.
Set within the well-known Park Lane Apartments, the home offers generous proportions rarely found in modern apartments. From the moment you step inside, you are welcomed by a large open living area filled with natural light, flowing out to a private balcony where you can enjoy the peaceful surroundings of the Mounts Bay precinct.
The layout is practical and spacious, with large bedrooms, an open living and dining area, a functional kitchen and bathroom, and secure parking within the complex.
While the property would benefit from a little tender love and care, it offers incredible potential for buyers to add their own personal touch and unlock its full value.
For first home buyers, it represents an affordable entry into a premium location.For investors, it presents a strong opportunity in an area consistently sought after by tenants due to its proximity to the CBD, Kings Park, Elizabeth Quay, UWA and public transport.
Step outside and you are moments from the Swan River foreshore, beautiful parklands, cafés, walking trails and Perth's vibrant city lifestyle.
Opportunities like this don't come around often - especially in a location this good.
Current Lease: Fixed Lease Ending 15/4/2026
Current Rental:$515.00 a week
Current Rental Appraisal:$600 a week
Features Include:
- 3rd floor, South facing 79sqm apartment with lush green outlook in the secure Park Lane complex complete with an elevator
- Open plan living, dining & kitchen flows to balcony
- Spacious walk-in-wardrobe in the main bedroom and built in wardrobe in the second bedroom
- Reverse cycle air-conditioning to living area
Sizes & Rates (Approximate):
Council Rates: $1,383.60pa, Water Rates: $1,003.28/a Strata Rates: $930.30pq (Admin) + $144.25pq (Sinking)
Living: 79sqm, Exclusive Use Car Bay
Walking distance to fantastic amenities and attractions, including (Approximately):
- 77m to Jacob's Ladder
- 350m to closest free CAT bus stop
- 550m to John Oldham Park
- 600m to Botanic Gardens and Parks Authority
- 650m to Kaarta Gar-up
- 750m to closest café
- 1km to Brookfield Place
- 1.1km to Ivey Watson Playground
- 1.3km to Giant Boab 'Gija Jumulu'
- 1.2km to Wesley Quarter
- 1.2km to City Provisions
- 1.3km to Elizabeth Quay
- 1.3km to RAC Arena
- 1.3km to Murray Convenience Store and Tobacconist
- 1.5km to Coles Central Raine Square
Contact Exclusive Selling Agent Brian Anthony on 0430 631 34 to arrange your inspection
Disclaimer: Buyers are required to rely on their own research and complete due diligence prior to purchasing. All rates, sizes and distances are estimated and subject to change at all times without notice.
