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Introducing a Unique and Elegant Dual Key Apartment - Ideal Home or Lucrative Investment Opportunity!
This meticulously designed dual key apartment offers a clever layout that can be tailored to suit your needs. Whether you're looking for a spacious 2 bedroom, 2 bathroom apartment or the flexibility of a 1 bedroom apartment with a separate studio, this unit has it all.
Imagine the possibilities - you can choose to use the entire apartment for yourself, or divide it into two separate dwellings! With a shared foyer and laundry, this unit provides accommodation for two separate families, making it an excellent option for both investors and owner-occupiers seeking additional income.
Investors will be delighted by the substantial rental income potential this layout offers. You have the freedom to lease the entire apartment as a 2-bed, 2-bath unit, or live in one side and lease out the other. Alternatively, you can rent out both units to different parties, maximizing your returns.
The apartment itself boasts an array of impressive features:
/ As you enter through the separate entry foyer, you'll find a lockable laundry for added convenience.
/ The main living area is spacious and extends onto a decked balcony with shutters, offering stunning leafy views of Ozone Park.
/ Step into the large master bedroom through double doors, where you'll be greeted by the same verdant views and ample natural light. Built-in wardrobes provide plenty of storage space, and an elegant ensuite off the master bedroom includes a shower and a soaking tub for your relaxation.
/ The kitchen, seamlessly integrated with the main living space, features stone benches, a dishwasher drawer, fridge, Smeg oven, and Smeg microwave.
/ The second bedroom, which can be used as a separate studio, also boasts its own elegant ensuite. The kitchenette is equipped with a 2-burner cooktop, small fridge, and a sink.
/ With each unit having its own secure front door, ideal separation for dual key leasing is ensured.
/ This property is presented furnished, includes video intercom security for guest entry, offers one secure car bay and a storeroom.
Located within the prestigious Queens Riverside complex, residents are treated to a range of luxury facilities. Take a dip in the 25m lap pool, maintain your fitness regime in the fantastic gym, or relax in the residents' lounge with a TV room. The onsite concierge (weekdays) adds an extra touch of convenience to your daily life.
Don't miss out on this extraordinary opportunity to own a unique and elegant dual key apartment. With its versatile layout, amazing rental returns, and luxurious amenities, this is an investment that promises both style and substance.
IN DETAIL
/ Suite A is currently leased for a fixed term until 13th July 2024 at $525 per week
/ Suite B is currently leased for a fixed term until 5th January 2024 at $315 per week
/ Approx. Areas: Internal 89 sqm / Balcony 8 sqm / Car bay 13 sqm / Storeroom 5 sqm / TOTAL 115 sqm
/ Approx. rates: Council $1,870.45 p.a. Water $1,189.49 p.a. Strata $1,321.10 p. qtr.
Contact us today to arrange a private viewing and secure your slice of exclusive living. Call Grant Stewart of Province Property now on M: 0411 634 528 (international calls +61 411 634 528) or email to E: [email protected]
Property features
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Air conditioned
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Dishwasher
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Garages
1
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Toilets
2
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Outdoor entertaining
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Built in wardrobes
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Balcony
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Laundry
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RCDs/smoke alarms
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Above ground pool
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Storage
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Gymnasium
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Entrance hall
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Kitchen
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Lounge/dining
Property snapshot by reiwa.com
This property at 316/8 Adelaide Terrace, East Perth is a two bedroom, two bathroom apartment sold by Grant Stewart at Province Property on 30 Jan 2024.
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.
Cost breakdown
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Council rates: $1,870 / year
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Water rates: $1,189 / year
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
$1.8m
Median
$1.5m
Low end
$1.2m
3.4 %
Annual growth
$1.5m
Annual median sales price
$730pw
Annual median rental price
