3/38-42 Waterloo Crescent, Perth WA 6000

RIGHT ON THE TRANSPORT ROUTE – OVERLOOKING QUEENS GARDENS – WALK TO OPTUS STADIUM
A Set-and-Forget Investment – Prime East Perth Location
In a sea of inner-city apartments, few opportunities compare to this one. Positioned high on the hill in East Perth, this semi-furnished 1-bedroom, 1-bathroom apartment overlooks the lush Queens Gardens and places you just a short stroll from Optus Stadium, the Swan River, and some of Perth’s best dining and entertainment.

This gorgeous apartment boasts a private courtyard, perfect for relaxing and watching the world pass by. Even better, pets are welcome in this building, so you and your furry friend can enjoy the space together.

Built with old-school design and quality that has stood the test of time, these apartments have long proven themselves as reliable investments and ideal entry points into this sought-after market. Offering low-maintenance living in a location that tenants love, this is truly a set-and-forget investment.

Currently tenanted at $550 per week until 10 March 2026, the property offers a fantastic rental yield and immediate return on investment.

Enjoy the ease of being directly across from Waterloo Crescent, on the free CAT bus route, only minutes from the Royal Street café strip, and on the doorstep of the city centre. With so much at your fingertips, it’s easy to see why this pocket of East Perth is so tightly held.

Inside, the ground-floor apartment features a light-filled open-plan living area, a stylish modern bathroom, and the convenience of your own washing machine (plus access to on-site communal laundry facilities). Furniture is included in the sale as per the advertising photos.

This is not just an apartment—it’s one of the area’s best value buys.

Rates & Dimensions

Total Area internal: 43sqm

Council Rates: $1,358.70 pa

Water Rates: $858.00 pa (approx.)

Strata: $800.00 pq (Admin)

Reserve: $311.00 pq (Reserve)

For more information on the subdivision potential or to request a full video of the property, please contact Joeanne Adams 0407 446 778 / [email protected].

*Disclaimer: Some details in this advert have been obtained from a third-party source and may not be accurate. We encourage the reader to make their own enquiries into any specifics and consider the ones in this advert to be ‘approximate’ only.