Description

Rare Triple-Level Opportunity: Luxury Residential Meets Premium Commercial

Redefine your work-life balance with this extraordinary three-story residence at 2/42-52 Terrace Road. Nestled within the prestigious Panorama Luxury Apartments, this property offers a unique dual-purpose configuration: a high-exposure Commercial Unit on the Ground Floor and a sophisticated Two-Story Residential Sanctuary above.

Whether you are an entrepreneur looking to house your business and family under one roof, or a savvy investor seeking a dual-income stream in a blue-chip location, this property is a standout in the East Perth market.

The Layout: 3 Levels of Versatility
– Ground Floor (Commercial): A professional, street-front commercial space with excellent visibility. Perfect for a boutique office, consultancy, or creative studio, providing a prestigious Terrace Road business address.
– First Floor (Residential Living): Ascend to the heart of the home, featuring a spacious open-plan kitchen and dining area. This level transitions seamlessly to a massive private terrace—ideal for grand-scale entertaining overlooking Langley Park.
– Second Floor (Private Quarters): The top level is dedicated to rest and privacy, housing the master suite and additional bedrooms, ensuring a peaceful separation from the work and social zones below.

The Panorama Lifestyle
Residents and clients alike will be impressed by the world-class amenities provided by the building:
– Level 18 Rooftop: Take in 360-degree views of the Swan River and Kings Park from the 25m heated lap pool, spa, and sauna.
– Fitness & Leisure: Access a state-of-the-art gym, a resident’s lounge for meetings, and BBQ facilities.
– Peace of Mind: Professional on-site concierge, secure building management, and two dedicated side-by-side car bays.

The Investment Edge
In a market where space is a luxury, this “Live/Work” hybrid offers incredible flexibility. Freshly updated with new carpets and paint, it is ready for immediate occupation or high-yield leasing.

Essential Information
– Type: Mixed-Use (Commercial Ground + Residential 1st & 2nd Floors)
– Council Rates: $4,217.30 per annum
– Strata Fees: $2,900.85 per quarter
– Water Rates: $484.70 bi-monthly
– Parking: 2 Secure side-by-side car bays
– Climate: Ducted air-conditioning throughout

Don’t miss out on this opportunity. Contact the agents today to arrange an inspection or request further information:
Nick Chua – 0425 545 105 – nick.chua@mpropertymgt.com.au
James Low – 0421 630 279 – james.low@mpropertymgt.com.au