Reiwa Reiwa
44/143 Adelaide Terrace, East Perth WA 6004

44/143 Adelaide Terrace, East Perth WA 6004

Sold price: $320,000
Sold
Sold: 20 Jun 2023

1 Bedroom

1 Bathroom

Apartment

Contact the agent

Kelly Jones

0480039293

Simon Matthews

Jones and Co Property


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

  • Air conditioned  
  • Floor area 86m2

Cost breakdown

  • Council rates: $1,965 / year
  • Water rates: $1,227 / year
  • Strata fees: $900 / quarter

Nearby schools

Mercedes College Secondary Non-government 0.7km
Trinity College Combined Non-government 1.0km
St George's Anglican Grammar School Secondary Non-government 1.6km
Victoria Park Christian School Primary Non-government 2.0km
Regent College Primary Non-government 2.1km
Wesley College Combined Non-government 2.2km
Victoria Park Primary School Primary Government 2.2km
Highgate Primary School Primary Government 2.3km
St Columba's Catholic Primary School Primary Non-government 2.3km
Kensington Primary School Primary Government 2.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4692292