1/132 Terrace Road, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

1/132 Terrace Road
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 212m2
Land area: 292m2
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Property Details for 1/132 Terrace Rd, Perth

Building Type
Commercial
Year Built
2007
Floor Size
212m2
Land Size
292m2
Local Government
Perth
Lot/Plan
1/S052779

Last Listing description (February 2026)

Nestled right in front of the Langley Park with spectacular swan river view, this quality ground floor corner retail/commercial unit as part of the Altair Waterfront Apartments is available immediately and affords you maximum exposure in one of the busiest parts of town.

The Council zoning has a proposed use as a cafe /restaurant (All subject to council approval) and plays host to one single under-cover and secure car-parking bays. It is suitable for a variety of business uses and is currently vacant after previous restaurant operator left. It really is the perfect blank canvas for your next business venture.

There is also extra street parking nearby which is handy for clients and visitors. The commercial opportunities offer high exposure and future growth being located amongst apartments, gyms, hotels, offices, restaurants, entertainments, retail areas, plus being in close proximity to Perth, as well as located near the local bus services. This is your chance!

FEATURES INCLUDE, BUT ARE NOT LIMITED TO;
- Circa 2007-built, ground-floor commercial unit, located 80m from Victoria Avenue on the Terrace Road
- Suitable for a variety of proposed commercial/retail uses (subject to council approval)
- Located amongst established apartments, hotels, offices, restaurants, entertainments & retail areas.
- Great provision of public transport, 400m from bus stop, 1km from Elizabeth Quay Station
- Strata floor area of 212 sqm
- Separate male, female, disabled & staff toilet facility
- Cold room, kitchen exhaust, water cooler system, alarm, cctv, etc left by previous operator
- Dedicated room for office / storage
- Extra street parking options nearby
- Three secured car bays

Outgoings
$ 1213.50 Annual commercial parking license
$ 3254.30 Quarterly strata levy
$ 832.20 Bimonthly water rate
$ 9502.70Annual council rate

Call now to book in viewing.

If you require further information, please contact Leo at 0448 210 595.

Disclaimer:
* The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.

Property History for 1/132 Terrace Rd, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$1,353,000
14 Aug 2024
  • 28 Jan 2026
    Listed for Sale Contact Agent
  • 14 Aug 2024
    Sold for $1,353,000
  • 03 Apr 2024
    Listed for Sale Contact Agent
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of 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 12,107 properties. Over the last 5 years, Houses in Perth have seen a 56.10% increase in median value, while Units have seen a 60.01% increase. As at 28 February 2026:

  • The median value for Houses in Perth is $1,375,555 while the median value for Units is $680,291.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 146 properties listed for sale, and 69 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 818 properties were sold in the past 12 months in Perth.

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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.