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Investment Opportunity in East Perth - High-Yield Rental Property!
Located in the prestigious North Tower of the exclusive "Times Two Apartments" complex, this modern one-bedroom, one-bathroom apartment on the fourth floor presents an ideal investment opportunity for savvy investors.
With a focus on security and exclusive amenities, residents can enjoy secure swipe-card entry and access to luxurious resort-style facilities, including a sparkling swimming pool, spa, sauna, gym, communal kitchen, meeting and games rooms, and beautifully landscaped gardens with seating areas. The apartment also offers underground, remote-controlled gated access, ensuring peace of mind, along with a designated basement car bay and a lock-up storage area.
Step into the tiled kitchen and dining area, featuring sleek stone benchtops, glass splashbacks, ceramic cooktop, Omega oven, integrated range hood, dishwasher recess, and microwave nook. The open-plan design includes a spacious carpeted living room, offering ample space for a study nook, if desired.
Large full-height sliders and windows provide access to a covered alfresco-style entertaining balcony, offering stunning views of the pool and gardens. Adjacent to the living area is a generously sized carpeted bedroom suite, complete with mirrored built-in wardrobes and an ensuite bathroom-come-laundry, featuring a shower, toilet, stone vanity, stone wash trough, and space for stacked washer and dryer appliances.
This prime location places you within walking distance of cafes, restaurants, bars, entertainment venues, shopping centers, Queens Gardens, the WACA Ground, Optus Stadium, Wellington Square redevelopment, and even Elizabeth Quay. Experience the ultimate in city convenience!
Additional features of this investment property include:
- Cavity slider to separate the bedroom suite from the living area
- Balcony access from the bedroom suite
- Double linen press in the bedroom
- Fob and audio-intercom access via the lobby
- Multiple off-road parking bays along Adelaide Terrace for guests and visitors
Tenancy Information:
Currently rented for $400 per week, this property offers a month-to-month lease agreement, ensuring steady rental income throughout the seller's ownership. With a rental yield of nearly 6%, this investment opportunity shouldn't be missed.
For further details or to arrange a viewing, please contact Simon Matthews 0480 039 294.
Property features
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Air conditioned
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Floor area
86m2
Property snapshot by reiwa.com
This property at 44/143 Adelaide Terrace, East Perth is a one bedroom, one bathroom apartment sold by Kelly Jones and Simon Matthews at Jones and Co Property on 20 Jun 2023.
Looking to buy a similar property in the area? View other one bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Council rates: $1,965 / year
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Water rates: $1,227 / year
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Strata fees: $900 / quarter
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
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