Sold
221/45 Adelaide Terrace, East Perth WA 6004
Sold price: $167,000
Sold: 25 May 2022
Sold
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1 Bedroom
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1 Bathroom
Unit
View
Positive Gearing or Money Box Opportunity!
Rare opportunity to purchase this very neat, studio apartment in sought after Causeway Gardens. This neat, fully furnished apartment has been returning $350 per week with 3 month leases, but market rent for long term tenants is likely $280 per week! This property is now being sold vacant to give a new owner the opportunity to enjoy this city location or find a new tenant for a great return.
Top floor apartment in secure building with parking available through the strata company. This studio apartment is situated within Perth's free transit zone and only a short walk along the Terrace to the CBD, river and Queens Gardens precinct.
Ideal for lock and leave workers, first homeowners or investors wanting great yield.
Email Agent for floor plan and strata information pack.
Property Code: 1132
Property snapshot by reiwa.com
This property at 221/45 Adelaide Terrace, East Perth is a one bedroom, one bathroom unit sold by James Yeoman at Key Performance Real Estate on 25 May 2022.
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.
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
$2.3m
Median
$1.6m
Low end
$1.2m
16.8 %
Annual growth
$1.6m
Annual median sales price
$650pw
Annual median rental price
