102/238 Adelaide Terrace, Perth WA 6000

Top Reasons For This Great Deal!

1.  6.7% Gross ROI — Currently leased at $625/week until July 2026.
2.  Complete Turn-Key Package — Fully furnished and fully equipped.
3.  No Car Bay? No Problem — Walk everywhere with ease; free CAT bus stop right at your doorstep. Or, option to rent a car bay within the building from other residents.
4.  Resort-Style Living at Its Best — Enjoy a full suite of facilities including a theatre, rooftop cinema, dog-wash room (pet-friendly), and a cool room for grocery and fresh-food deliveries.
5.  FIFO & Investor Favourite — Lock-and-leave convenience with strong rental returns — your cash machine is ready to go.

A modern, low-maintenance investment with a long lease, quality furnishings, and a prime CBD position — 102/238 Adelaide Terrace is the definition of effortless urban living.

Set within the newly completed AT238, this stylish studio apartment delivers smart design, modern finishes, and an unbeatable CBD lifestyle. Thoughtfully planned to maximise space and light, it offers a calm, contemporary retreat right in the heart of the city — and it comes fully furnished, ready to go from day one.

For investors, the appeal is immediate. The property is securely leased at $650 per week until July 2026, providing strong, predictable returns in a market where quality rentals are in high demand.

While the apartment doesn’t include a car bay, it’s rarely needed here. AT238 sits in one of Perth’s most connected locations — with buses, the free CAT service, riverfront paths, and the CBD all at your doorstep. For residents, this is a walk-everywhere, ride-everywhere address where convenience replaces the need for parking.

Residents also enjoy access to AT238’s premium amenities, adding lifestyle value to an already impressive package.

VIEWING IS ESSENTIAL! CALL TERRY 0410 213 027

Property At a Glance:
- Newly built in 2023, iconic "AT238" in CBD
- Boutique residential complex, pet friendly
- Leased at $625/week until July 2026, fully furnished
- Open plan internal living with enclosed balcony
- Bi-fold doors for seamless indoor-outdoor flow
- Induction cooktop, rangehood, and stainless steel appliances
- Stone benchtops in kitchen and bathroom
- Filtered water to kitchen flickmixer
- Luxury bathroom with full height tiling, frameless shower and rain head
- Hybrid flooring, smart lighting, and recessed LED downlights
- Split system air conditioning, keyless entry, and intercom
- On-site concierge service
- Secure storeroom

Strata Areas & Outgoings:
- Internal (balcony included): 43sqm, Storeroom: 4sqm, Total: 47sqm
- Council: $1,597 p/a
- Water: $1,427 p/a
- Strata Levies: $853 p/q (admin + reserve)

Level 6 Amenities:
- Heated 20m pool, cabana, gym, wet steam room
- Private dining room, theatrette, gaming zone
- Dog play area, BBQ zone, and resident lounge
Level 31 Rooftop:
- Outdoor cinema, resident bar and lounge
- Spectacular city and river views from the deck

Prime Inner-City Location
- 100m to Coffee Club, moments to Perth CBD
- 300m to Langley Park, 500m to Swan River foreshore
- 300m to Mercedes College, 500m to Royal Perth Hospital
- Free CAT bus at doorstep, 850m to Hay St Mall
- 900m to Elizabeth Quay, ferry & train access
- 2km to Cathedral Square, Kings Park, East Perth, Northbridge

DISCLAIMER:
All distances are estimations obtained from Google Maps. All sizes of the property are architectural, estimated, and buyers should rely on their own measurements when onsite. All outgoings are approximate and subject to change without notice.