63/100 Terrace Road, East Perth WA 6004

2-bed 197m² apartment | riverfront East Perth | 3-bed with 2-car | premium larger format | tightly held pocket This property’s competitive strength lies in its unusual size—197m² with three bedrooms and two car bays is rarely available in this tightly held riverfront building. For a buyer seeking a spacious inner-city residence that functions like a house, this apartment offers a meaningful configuration edge over typical two-bedroom units. It is best suited to an owner-occupier wanting prestige living or an investor targeting high-end executive tenants who will pay a premium for space and parking. Key risks include flood and heritage overlays flagged for the broader lot, which may increase insurance costs and limit future modifications. The building’s long-term ownership profile suggests stable management but also potentially higher strata levies for shared facilities. Opportunities lie in the property’s strong rental appeal to families and professionals—a well-presented apartment here could command above-market weekly returns. Hold this property for capital growth underpinned by its rare floorplan and riverside location.