27/118 Mounts Bay RoadPerth WA 6000
Property Details for 27/118 Mounts Bay Rd, Perth
27/118 Mounts Bay Rd, Perth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 122m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (April 2025)
The Phone Code for this property is: 28746. Please quote this number when phoning or texting.
Contact Us For Inspection.
Unlock the ultimate lifestyle and investment opportunity at Unit 27/118 Mounts Bay Road, Perth 6000. This expansive 2-bedroom, 1-bathroom apartment spans 122 sqm of light-filled living, seamlessly blending modern elegance with resort-style amenities in Perth's thriving CBD. Positioned at the base of Kings Park, enjoy stunning river glimpses, a sleek open-plan layout with stainless steel appliances and stone benchtops, a private balcony off the living area, and a second balcony off the master bedroom-perfect for morning coffees or evening relaxation.
Currently leased at $780/week until 31st Aug 2025, this property delivers a proven 7.7% rental yield, making it a standout for savvy investors. For owner-occupiers, the "lock and leave" design means goodbye to chores and hello to weekends exploring Perth's top cafes, restaurants, and bars, or staying active with tennis, the gym, or a climb up Jacob's Ladder- all just moments away. Unwind by the pool, tackle the nearby walking and cycle paths along the Swan River, or have a smorgasbord of iconic CBD dining delivered to your door.
Nestled in a secure complex with fob entry, this home includes a self-contained laundry, built-in wardrobes, reverse-cycle air conditioning, a storeroom, and 1 secure undercover car bay. Strata levies are $917.81 (admin) and $241.16 (reserve) per quarter, ensuring well-maintained facilities like a swimming pool, gym, and tennis court. With Perth's unit market soaring (+23.7% growth) and a median sale time of 17 days, this rare CBD gem near Elizabeth Quay and St Georges Terrace won't last long-inspect today!
Key Features:
- 2 spacious bedrooms with built-in wardrobes and second balcony off the master
- Modern bathroom with quality finishes
- Open-plan living with city views, stainless steel appliances, and stone benchtops
- Two private balconies for outdoor enjoyment
- Reverse-cycle air conditioning for year-round comfort
- High-end LG 60cm TrueSteam dishwasher, LG fridge, and a premium combined washer and dryer.
- Self-contained laundry and storeroom
- 1 secure undercover car bay + 1 free parking permit easily applied through Strata.
- High rental demand: 7.7% yield ($780/week)
- Resort-style amenities: swimming pool, gym, tennis court
- Secure complex with fob entry
Location Amenities (Walking Distances):
- John Oldham Park: 20m
- Jacob's Ladder: 260m
- Perth Convention Centre: 300m
- Kings Park: 460m
- St Georges Terrace: 600m
- Elizabeth Quay: 800m
- Swan River: 1km
- North Bridge: 1.4km
Strata Levies:
- Admin: $917.81 per quarter
- Reserve: $241.16 per quarter
Council Rate: $405 per quarter
Water rate: $258
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 27/118 Mounts Bay Rd, Perth, WA 6000
- 16 Mar 2025Sold for $510,000
- 12 Mar 2025Listed for Sale From $500,000
- 18 Feb 2023Sold for $370,000
Recent sales nearby
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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 12,095 properties. Over the last 5 years, Houses in Perth have seen a 55.65% increase in median value, while Units have seen a 60.09% increase. As at 31 March 2026:
- The median value for Houses in Perth is $1,386,298 while the median value for Units is $697,298.
- Houses have a median rent of $855 while Units have a median rent of $750.
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