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315/8 Adelaide Terrace, East Perth WA 6004

Sold price: $470,000 Sold: 12 Dec 2023
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Car
Apartment
315/8 Adelaide Terrace, East Perth WA 6004

Fantastic Rental Return | “Dual Key” Apartment

You will be AMAZED at the clever layout for this 2 bedroom 2 bathroom apartment in the sought-after Queens Riverside Apartment Complex. The modern layout has been designed so that the apartment can function as a single home or can be split into two separate one-bedroom studio apartments, A & B, each with their own bathroom and kitchen facilities, as well as a common entry, thereby allowing accommodation for two separate occupiers. This smart layout also has the potential to substantially increase the rental return an investor can realise or also allows for one family to have separate accommodation, which is ideal for say, a young adult or senior family member to have their own secure separate space under the same roof.

For Investors you have the choice of  
1) Renting out the whole of the apartment as a 2bed/2bath unit
2) Living in the ‘A’ Unit and renting out the ‘B’ Unit
3) Renting out both A & B units separately to different Tenants, realising circa $550 per week for the A side and $465 per week for the B side.

For families, you have the choice of
1) living within the whole space or
2) living in say the A side and having a parent or young adult family member living in the B side.
Unsure what we mean then you have got to make an appointment with us to view this incredible, versatile & unique layout.
Priced to sell, you can achieve amazing returns from the multiple options available.

// APARTMENT FEATURES //
/ As you enter this apartment, you are greeted by a private common entry foyer that includes ample storage space and a lock-away laundry.
/ The A side studio includes an open living area incorporating the queen bed and extends out onto the balcony, affording verdant local views of Ozone Park. A kitchenette and bathroom with toilet complete the accommodation. A secure front door separates the A side from the B side if desired.
/ The B side studio also includes its own ensuite & kitchenette and its own secure front door thus allowing for ideal separation between the two studios which is perfect for families, twin share, Dual Key Leasing or those who need a guest room for visiting family and friends.
/ The two studio apartments also include Ducted Air Treatment, Smeg Kitchen Fit-Out, Stone Bench Tops, Quality Carpets, Security Intercom System, Secure Storeroom and one Undercover Secure Car Bay which can be allocated to either the A or B side.

// THE QUEENS RIVERSIDE COMPLEX //
Enjoy the beautiful surroundings as this stunning development, set among the precinct that is home to the manicured Queens Gardens, Internationally Famous WACA Cricket Ground and the Tranquil Swan River. Located at the hub of many of the road systems, with cycle paths and pedestrian walks in abundance and a short walk to the amazing Optus Stadium and Crown Casino Resort
Queens Riverside is arguably one of Perth’s most sought-after living destinations with unparalleled amenities. Among them are:
/ On-site Concierge and Building Manager
/ Private fully equipped gym
/ 25m temperature controlled lap pool & 2 Japanese hot tubs & BBQ facilities located on the beautifully landscaped pool terrace
/ Residents Lounge and Cinema Room.
This incredible development also benefits from its location to the adjacent Frasers All Suites Hotel restaurant and bar facilities - offering residents an experience usually found in world-class resorts.

IN DETAIL
/ Video intercom security for guest entry
/ Storeroom
/ 1 undercover secure Car Bay
/ Suite A is available to lease at an estimated rent of at $550 per week
/ Suite B is currently leased on a Fixed Lease at $465 per week until 17/12/2024
/ Approx. Areas: Internal 74 sqm / Balcony 8 sqm / Car bay 13 sqm / Storeroom 5 sqm / TOTAL 100 sqm
/ Approx. rates: Council $1,813.50 p.a. Water $1163.55 p.a. Strata $1,329.95 p. qtr.

Call Grant Stewart of Province Property now on M: 0411 634 528 (international calls +61 411 634 528) or email to E: [email protected] to discuss further or to arrange an inspection.

Property features

  • Air conditioned  
  • Dishwasher  
  • Garages 1
  • Toilets 2
  • Built in wardrobes  
  • RCDs/smoke alarms  
  • Above ground pool  
  • Storage  
  • Gymnasium  

Property snapshot by reiwa.com

This property at 315/8 Adelaide Terrace, East Perth is a two bedroom, two bathroom apartment sold by Grant Stewart at Province Property on 12 Dec 2023.

Looking to buy a similar property in the area? View other two bedroom properties for sale in East Perth or see other recently sold properties in East Perth.

Nearby schools

0.5km
Trinity College
  • Combined
  • Non-government
1.1km
Mercedes College
  • Secondary
  • Non-government
1.6km
Victoria Park Christian School
  • Primary
  • Non-government
Disclaimer

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 $1.8m
Median $1.5m
Low end $1.2m
This listing
3.4 %
Annual growth
$1.5m
Annual median sales price
$730pw
Annual median rental price

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FAQ's

The median house price in East Perth is $1,500,000, the median unit price is $481,000.

315/8 Adelaide Terrace, East Perth is a 2 bedroom, 2 bathroom apartment.
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