Reiwa Reiwa
122/45 Adelaide Terrace, East Perth WA 6004

122/45 Adelaide Terrace, East Perth WA 6004

Sold price: $380,000
Sold
Sold: 24 Mar 2026

1 Bedroom

1 Bathroom

Landsize 33m2

House

Contact the agent

James Yeoman

0400900622

Tracey Mainstone

0414766804

Key Performance Real Estate


Light and Bright and Affordable

Click "Enquire", "Get in touch" or "Email Agent' for floor plan and strata information sent directly to your email.

Make an Offer or become an Observer on Openn.com: https://anz.openn.com/app/l/8HBx

Positioned in one of East Perth’s most recognisable riverfront addresses, this light and bright studio apartment at 45 Adelaide Terrace presents an outstanding opportunity for first home buyers, city-based professionals, and investors seeking a secure, income-producing asset in a prime location.

Recently refreshed, the apartment features a renovated kitchen and bathroom, delivering a modern, updated interior that enhances everyday living. The smart open-plan layout is designed for simplicity and functionality, creating a comfortable living and sleeping space suited to an easy, low-maintenance lifestyle.

With a quality tenant already in place paying $500 per week and a lease secured through to November 2026, this is a ready-made investment offering immediate returns. First home buyers also have the flexibility to purchase now and plan ahead to move in once the lease concludes.

Located just moments from the Swan River, Langley Park, and Elizabeth Quay, the lifestyle on offer is exceptional. Enjoy easy access to cafes, restaurants, shopping, and public transport, with free CAT bus services nearby providing seamless connectivity into the Perth CBD.

Studio apartments in this building remain consistently sought after due to their affordability and premium location, making this an excellent option for those looking to enter the market or add a low-maintenance, high-demand property to their portfolio.

Property features

Cost breakdown

  • Council rates: $1,334 / year
  • Water rates: $906 / year
  • Strata fees: $803 / quarter

Nearby schools

Trinity College Combined Non-government 0.7km
Mercedes College Secondary Non-government 1.0km
Victoria Park Christian School Primary Non-government 1.6km
Regent College Primary Non-government 1.7km
St George's Anglican Grammar School Secondary Non-government 1.9km
Victoria Park Primary School Primary Government 1.9km
Perth Individual Combined Non-government 2.2km
Wesley College Combined Non-government 2.2km
Kensington Primary School Primary Government 2.2km
St Columba's Catholic Primary School Primary Non-government 2.3km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5004989