Reiwa Reiwa
316/8 Adelaide Terrace, East Perth WA 6004

316/8 Adelaide Terrace, East Perth WA 6004

Sold price: $565,000
Sold
Sold: 30 Jan 2024

2 Bedrooms

2 Bathrooms

1 Car

Apartment

Contact the agent

Grant Stewart

0411634528

Province Property


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

  • Air conditioned  
  • Dishwasher  
  • Garages 1
  • Toilets 2
  • Outdoor entertaining  
  • Built in wardrobes  
  • Balcony  
  • Laundry  
  • RCDs/smoke alarms  
  • Above ground pool  
  • Storage  
  • Gymnasium  
  • Entrance hall  
  • Kitchen  
  • Lounge/dining  

Cost breakdown

  • Council rates: $1,870 / year
  • Water rates: $1,189 / year

Nearby schools

Trinity College Combined Non-government 0.5km
Mercedes College Secondary Non-government 1.1km
Victoria Park Christian School Primary Non-government 1.6km
Regent College Primary Non-government 1.7km
Victoria Park Primary School Primary Government 1.8km
St George's Anglican Grammar School Secondary Non-government 2.0km
Perth Individual Combined Non-government 2.0km
Kensington Primary School Primary Government 2.3km
Wesley College Combined Non-government 2.4km
Highgate Primary School Primary Government 2.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4738387