38/123 Wellington Street, East Perth WA 6004

Space, Income & Family-Friendly Location

38/123 WELLINGTON STREET IS SELLING! CALL TERRY LU TODAY @ 0410 213 027

Whether you're stepping into your first home or securing a high-performing investment, this 3-bedroom apartment offers the perfect mix of lifestyle, income, and location.

Fully furnished and leased at $810/week until May 2026, it delivers strong returns from day one—while sitting just steps from Wellington Square playground and the heart of East Perth.

Property At a Glance:
* Built In 2000, Level 4th in "The Rise" Building
* Corner position, East Facing
* Three-bedroom layout — ideal for small families, executive couples, or shared living
* Furnished & leased — $810/week income secured until May 2026
* Prime location — walk to Wellington Square, cafes, and city transport
* Turnkey investment — no setup required, just collect the rent
* Great first home potential — spacious, central, and ready when the lease ends

With East Perth evolving and family-friendly amenities on the rise, now’s the time to secure a spacious city-edge apartment before prices climb.

Strata Areas & Outgoings:
* Internal: 94sqm; Balcony: 10sqm; Car Bay: 15sqm; Store: 2sqm; Total: 121sqm
* Council Rate:$2,024 p.a
* Water Rate: $1,371 p.a
* Strata Levy: $1,536 p.q (incl. reserve fund)

Building Amenities:
"The Rise" offers secure, private living with recently refurbished communal facilities. Enjoy a sparkling-blue outdoor swimming pool, fully equipped gym, relaxing sauna, and a massive recreation room—perfect for both downtime and socialising.

Nearby amenities include:
* Wellington Square on your doorstep
* Free CAT bus at your doorstep
* 2 min drive to Mercedes College
* 8 min drive to Trinity College
* 700m to Royal Perth Hospital
* 1.2km to the CBD
* 1.7km to Elizabeth Quay
* 1.9km to Hay Street Mall
* 4.0m to Optus Stadium

DISCLAIMER:
All distances are estimations obtained from Google Maps. All sizes of the property are architectural, estimated, and buyers should rely on their own measurements when onsite. All outgoings are approximate and subject to change without notice.