This Level 4 east-facing studio in the Terrace Building is one of the more affordable ways into brand-new apartment ownership in Perth right now.
At 33sqm internal plus a 4sqm balcony, it’s a smart, well-designed space. The east-facing aspect brings natural light through in the mornings, and the balcony gives you an outdoor extension that a lot of studios at this price point simply don’t have.
Storage is covered by a separate 3sqm external storeroom, so nothing eats into your living area.
No car bay is included by design. Cockburn Central Station sits directly opposite The Boulevard, so for buyers who don’t rely on a car, the location does the work and skipping the parking premium keeps this one of the lowest entry points in the building.
Under construction now, with completion estimated for 2028. Secure this apartment with just a $10K deposit, save up to 75% off stamp duty (capped at $50,000), and pay nothing further until completion (estimated 2028).
Why this one stands out
~ One of the final studios remaining
~ East-facing Level 4 position in the Terrace Building
~ 33sqm internal plus 4sqm balcony
~ External storeroom – extra storage without sacrificing internal space
~ No car bay: lower entry price, station directly opposite
~ Under-construction advantages: $10K deposit + stamp duty savings
Apartment Features
~ Studio | 1 bathroom
~ Designed for buyers who don’t own or need a car (no car bay included)
~ Hybrid timber flooring
~ Contemporary kitchen with premium appliances (including Fisher & Paykel dishwasher)
~ Integrated laundry with storage and 4kg dryer
~ Split system air conditioning
The Building – Terrace Collection
~ Secure keyless entry with intercom and CCTV
~ Fully electric building
~ Residents enjoy access to a suite of amenities including gym, co-lab, library, games room, lounge and landscaped gardens
The Opportunity:
~ Only a $10K deposit to secure this apartment
~ Nothing further to pay until completion (estimated 2028)
~ Stamp duty savings up to 75% off* while under construction, capped at $50,000
~ Estimated rental yields of 6.2% (based on current rental estimates)
Disclaimer All imagery is artist impressions and for illustrative purposes only. Final design, finishes and specifications may vary. Furniture, styling items, décor and accessories shown are not included in the sale. Window treatments (including curtains and blinds) are shown for illustrative purposes only and are not included unless specified. Some features and finishes depicted may represent optional upgrades and are not included as standard. Stamp duty savings apply to apartments secured while the development is under construction, with the concession amount determined by the purchase price.
