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PERFECT INVESTMENT OPPORTUNITY
This property is perfect for the prudent investor seeking a steady positive cash flow, paired with endless re-development potential. Zoned both residential/commercial, the opportunities are endless!!
The property, located in a quiet and fully gated complex, presents potential for great returns. With river glimpses, spacious living area and kitchen this property is sure to serve as a great investment over a long period of time.
What makes this investment great?
• Free CAT bus stop in front of complex
• Low strata
• Minutes from the CBD
• Enclosed sun room
• Residential/commercial zoning
To secure one of the most sought after investments in the city, be sure to contact Veljko Lazovic on 0434 011 879.
Property features
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Floor area
46m2
Property snapshot by reiwa.com
This property at 109/45 Adelaide Terrace, East Perth is a one bedroom, one bathroom unit sold by Veljko Lazovic at Mark Hay Realty Group on 23 Sep 2020.
Looking to buy a similar property in the area? View other one bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Council rates: $1,201 / year
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Water rates: $838 / year
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Strata fees: $670 / quarter
Nearby schools
East Perth overview
A tranquil waterside village, East Perth is situated less than two kilometres from the Perth city hub. Admired for its beautiful residential landscapes, the idyllic riverside suburb has long since set the benchmark for inner-city living. East Perth provides a bustling urban lifestyle against a picturesque backdrop.
Life in East Perth
There are eateries, sporting venues, pubs and evening venues all accessible within East Perth. The iconic Royal Street is home to some of the best brunch spots in Perth and there is The Royal on The Waterfront, a much loved pub, restaurant and cocktail bar. The WACA, the home of cricket in Western Australia, is also a feature of the suburb and hosts some of the biggest games in cricket every year. Other notable mentions include the Perth Mint, Claisebrook Cove and City Farm.
East Perth quick stats
High end
$1.8m
Median
$1.5m
Low end
$1.2m
3.4 %
Annual growth
$1.5m
Annual median sales price
$730pw
Annual median rental price
