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Sleek City Pad – Live in or Investors Delight!
This tidy one-bedroom apartment is perfect for those who are ready for the city life, happy to live on the city’s fringe and within walking distance to the Swan River.
This roomy abode provides an open plan living/ding/kitchen area with the adjacent enclosed balcony presenting as the perfect extension of the living space and enjoying views to the central courtyard pool below.
The attractive kitchen overlooks the spacious living and dining area and will please all with it’s ample cupboard space, gas cooking, easy-care tiled flooring, plus the added bonus of having your own individual washing machine
Appealing wood flooring spreads throughout the living /dining as well as the master bedroom, adding that touch of class as soon as you enter the apartment.
The neat bathroom runs off the bedroom and is the ideal size, still allowing for both a bath and shower and with hardwearing tiling simplifying your daily routine with a low maintenance lifestyle
The apartment also comes fully furnished with Fridge, washing machine, bed frame and bed, couch, large dining table & chairs, drawers, mobile air con unit, pots, pans and cutlery
The location attracts all who desire a city pad to live in as well as investors looking for an exceptional rental return on investment, with the periodical current tenant paying $500 per week.
With apartment prices looking they are going to continue rising for a while, act quickly to secure this terrific addition to your property portfolio.
Features
49sqm internal areas
Tidy kitchen with gas cooking
Natural light flooding throughout
Classy woodgrain flooring running throughout the living, dining and bedroom areas
Extra enclosed balcony as the perfect retreat
Spacious bedroom and neat bathroom
Communal below-ground pool
Only 2.2km to the CBD
Property features
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Floor area
49m2
Property snapshot by reiwa.com
This property at 24/138 Adelaide Terrace, East Perth is a one bedroom, one bathroom unit sold by Daniel Porcaro at Mark Hay Realty Group on 20 Jan 2026.
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: $1,366 / year
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Water rates: $1,486 / year
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Strata fees: $691 / 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
$2.1m
Median
$1.8m
Low end
$1.6m
10.6 %
Annual growth
$1.8m
Annual median sales price
$725pw
Annual median rental price
