23/138 Adelaide Terrace, East Perth WA 6004

Cash Machine With Potential 9% Gross Return!

- 9% GROSS RETURN ACHIEVEABLE
- READY TO MOVE IN OR LEASE OUT
- IDEAL INNER-CITY LOCATION
- RENOVATED, FULLY FURNISHED

SMALL FISH SWEET! Apartment 23 is perched on the 2nd floor (lift or stair access), features renovated kitchen with gas cooking and can be sold fully furnished & equipped. With vacant possession available, you can move in or rent out straight away. The complex features security fob access for your piece of mind and pool for residents.

Situated in the heart of East Perth, in the centre of Adelaide Terrace, and in walking distance to an abundance of amenity, you will be hard pressed to find better value at this price! Plus, with such a central location, you won't even need a car!

Parking available for lease from Strata, $150 p/m.
Parking subject to availability, contact Terry Lu on 0410 213 027 for more details.

Features Include:
- Level 2, renovated studio apartment
- Vacant possession available, move in or lease out straight away
- Strong rental history, 9%+ potential investment return!
- Option to purchase fully furnished & equipped
- Open plan living and dining
- Spacious kitchen with ample bench space, storage and gas cooking
- Space for a Built-in bed with additional storage
- Fresh, modern bathroom with shower bath, and independent laundry
- Secure complex with swipe card entry & pool in building for residents
- Minutes to cafes, restaurants, parks, bars & more in any direction
- Multiple bus routes on your doorstep
- Low strata fees
- Communal laundry on ground floor - pay as you use
- Total Strata Area: 30m2

Location Highlights Include:
- 350m to Langley Park or Queens Gardens
- 450m to Lake Vasto & Ozone Reserve
- 750m to the WACA
- 900m to Point Fraser
- 1km to Gloucester Park
- 1.3km to Perth CBD
- 1.6km to Elizabeth Quay & so much more!

Outgoings (approximate):
Council Rates: $1,259.05 p/a
Water Rates: $966.06 p/a
Strata Levies: $693.10 p/q (admin + reserve)

DISCLAIMER:
All distances to amenities are estimations obtained from Google Maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates.