7/118 Mounts Bay Road, Perth, WA 6000 | Apartment for sale | OnTheHouse
FOR SALE
UNDER CONTRACT

7/118 Mounts Bay Road
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 116m2
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Riverside city-edge living at its finest

Ideally positioned between Kings Park, the Swan River and the city, this renovated and fully furnished apartment delivers an inner-city lifestyle that's difficult to match at this price point, with Elizabeth Quay, Jacobs Ladder, Perth CBD and the river foreshore all an easy walk away. Residents enjoy resort-style living, with a pool, gym and tennis court, excellent security, and cafés, shopping and freeway access all close at hand. And because the apartment works equally well as a home, a long-term rental or a short-stay investment, you can move straight in, lock in a tenant, or tap into the strong demand for short-term accommodation in this city-fringe location, whichever suits your plans.
Step inside and the tone is set immediately: relaxed, coastal-inspired styling, soft neutral tones and appealing furniture throughout, more boutique hotel than typical apartment. The open-plan living and dining area is generous in scale and opens directly onto a large balcony, , while the floorplan keeps both bedrooms well separated from the living space, a level of privacy not often found in apartment living. The second bedroom is comfortably sized, and a full bathroom, separate powder room and dedicated laundry with plenty of storage round out a layout that has been carefully thought through.
Every detail has been taken care of, from the curated furniture package to the inclusions that make apartment living straightforward, leaving this home ready for its next owner or tenant to move in or list immediately, long or short-term. The current owners have done the hard work, so all that's left is to settle in yourself, or start taking bookings and enjoying the returns.
Whether you're after a polished city base, a dependable investment with room to perform, or the ideal lock-and-leave between stints in Perth, this one belongs on your must-see list.
FEATURES AT A GLANCE:
- Second floor position in the sought-after 'Caesia' building, Mounts Bay Village
- Extensive renovations, in fresh, neutral tones
- Fully furnished and equipped, ready to occupy or lease immediately
- Currently generating well-in-excess of $100k income per annum via Air B'n'B
- Formal City of Perth approval for short-stay accommodation
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Property Details for 7/118 Mounts Bay Rd, Perth

7/118 Mounts Bay Rd, Perth is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 2000. The property has a land size of 116m2 and floor size of 86m2. The place is currently for sale with Jones Ballard Property Group.

Building Type
Apartment
Year Built
2000
Floor Size
86m2
Land Size
116m2
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. There are 21 parks, covering nearly 18.1% of the total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,098 properties. Over the last 5 years, Houses in Perth have seen a 61.93% increase in median value, while Units have seen a 61.96% increase. As at 30 June 2026:

  • The median value for Houses in Perth is $1,528,669 while the median value for Units is $720,774.
  • Houses have a median rent of $870 while Units have a median rent of $750.
There are currently 152 properties listed for sale, and 78 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 832 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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Nik Jones
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Jones Ballard Property Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.