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SOLD BY JOEL COOPER
RENOVATED, TOP FLOOR APARTMENT
PRE-LEASED INVESTMENT, 6%+ RETURN ON INVESTMENT
Situated on the top floor (level 5) of the character Causeway Gardens complex, you will find unit 503. A fully renovated 1-bedroom apartment, with a near new kitchen, featuring gas cooking, pull-out pantry, plenty of storage / bench space and a fully renovated bathroom with mirrored cabinetry and full-height tiling. The apartment features timber flooring throughout, air-conditioning to living / dining, high ceilings and a character appeal you will not find in most modern equivalents.
At the Eastern end of Adelaide Terrace, the location is superb, being only 1.9km from the Perth CBD and close to all the amenities that East Perth has to offer. Local amenities include the Swan River & Langley Park, Queens Gardens, free Cat bus, Gloucester Park, and the WACA all within a short walk, plus all dining and shopping options available in the city centre are a free, short bus ride or drive away.
Parking available for lease from strata - only $77 p/m*
Contact Joel on 0488 242 283 today for more details & to arrange an inspection!
Key Features Include:
- Top floor (level 5) in the "Causeway Gardens" apartment complex
- Leased un-furnished for $280 p/w until 28/04/2022 - 6%+ ROI!
- Open plan living and dining, with air-conditioning, flowing out to the North-facing balcony
- Spacious galley kitchen with ample bench space, storage, and gas cooking
- Fully-renovated ensuite bathroom with full-height tiling and mirrored storage
- Secure complex with intercom & swipe card entry for residents
- Minutes to cafes, restaurants, parks, bars & more in any direction
- Multiple bus routes on your doorstep
- Communal laundry on ground floor - pay as you use (space for internal washing machine to be installed at purchaser discretion)
- Parking available for lease from strata - only $77 p/m*
- Total Strata Area: 46m2 + 8m2 balcony (exclusive use)
Location Highlights Include:
- 280m to Lake Vasto & Ozone Reserve
- 300m to Langley Park or Queens Gardens
- 500m to Point Fraser
- 600m to the WACA
- 750m to Gloucester Park
- 2.1km to Elizabeth Quay
- 2.4km to Perth CBD & so much more!
Outgoings (approximate):
Council Rates: $1,120.70 p/a
Water Rates: $1,000 p/a
Strata Levy: $500 p/q
Reserve Levy: $170 p/q
Loan Repayment Levy: $346 p/q
*Parking subject to availability on a "first come first served" basis. Motorcycle parking also available from Strata for a reduced rate.
All measurements, rates / levies, distances, and sizes are approximate and provided as a guide only. Buyers are recommended to verify all items personally.
Property features
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Air conditioned
Property snapshot by reiwa.com
This property at 503/45 Adelaide Terrace, East Perth is a one bedroom, one bathroom apartment sold by Joel Cooper at Realestate 88 on 29 Apr 2022.
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.
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
$2.3m
Median
$1.6m
Low end
$1.2m
16.8 %
Annual growth
$1.6m
Annual median sales price
$650pw
Annual median rental price
