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Great Investment Opportunity – High Return, Low Outgoings, Fully Furnished!!
Proudly Presented by Jason Chan
Welcome to the epitome of inner-city convenience and lifestyle. Perfectly positioned in the heart of Perth, this stylish apartment places you just moments from the vibrant energy of Northbridge's renowned cafes, restaurants, nightlife, and cultural scene. With public transport, shopping, and entertainment right on your doorstep, this is city living made easy.
Step inside and be greeted by a light-filled, open-plan living space designed for comfort and ease. The spacious balcony offers the perfect setting to enjoy your morning coffee or unwind with a glass of wine at sunset.
The modern kitchen is both sleek and functional, offering ample bench and storage space – ideal for preparing everything from quick weeknight meals to leisurely weekend brunches.
The generously sized bedroom is a peaceful retreat, complete with built-in robes and soft natural light. The well-appointed bathroom is stylish and practical, catering comfortably to both residents and guests.
Currently leased to a reliable tenant at $665.00 per week until 18/12/2025, this property represents an outstanding opportunity for investors seeking a low-maintenance asset in a premium location.
Whether you're a first-home buyer, investor, or downsizer, this apartment offers the perfect blend of lifestyle, location, and long-term value.
Why You'll Love It:
* Built in 2006, with a total build area of 63m²
* Contemporary 1-bedroom, 1-bathroom apartment
* Quality modern fittings and finishes throughout
* Split system air conditioning for year-round comfort
* Light-filled open-plan layout
* Secure building with internal lift access
* NBN-ready for high-speed connectivity
* Allocated secure parking
* Strong rental potential: estimated return of $650 – $700/week
* Located in a prime lifestyle precinct, yet peaceful and private
Unbeatable Location:
* Located within the free CAT bus zone
* Walking distance to St Georges Terrace, Royal Perth Hospital, Langley Park, Elizabeth Quay, and Perth Underground Station
* Situated in the same building as Adina Apartment Hotel
* Surrounded by a variety of retail, dining, and hospitality venues
Outgoings:
* Council Rates: approx. $1,590.75 per annum (FY 24–25)
* Water Rates: approx. $1,153.57 per annum (FY 24–25)
* Strata Levies: approx. $712.50 per quarter (which Includes Admin Fund: $600.00/q & Reserve Fund: $112.50/q)
For further details contact the listing agent Jason Chan on 0422 171 869 today.
Disclaimer:
All information provided has been obtained from sources we believe to be reliable. However, we cannot guarantee its accuracy and recommend all interested parties carry out their own investigations.
Property snapshot by reiwa.com
This property at 116/138 Barrack Street, Perth is a one bedroom, one bathroom apartment sold by Jason Chan at LJ Hooker Victoria Park- Belmont (WA) on 17 Sep 2025.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Perth or see other recently sold properties in Perth.
Nearby schools
Perth overview
Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.
Life in Perth
With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.
Perth quick stats
High end
$1.7m
Median
$1.4m
Low end
$1.3m
13.2 %
Annual growth
$1.4m
Annual median sales price
$777pw
Annual median rental price
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