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86/128 Adelaide Terrace, East Perth WA 6004

Sold price: $545,000 Sold: 14 Dec 2025
Sold
  • 1 Bedroom
  • 1 Bathroom
  • 1 Car
Apartment
86/128 Adelaide Terrace, East Perth WA 6004

Secure Investment with Lease in Place at $650 per week until July 2026

Positioned on the 7th floor of the sought-after ONE28 Apartments, this stylish 1-bedroom residence delivers an effortless combination of comfort, convenience and low-maintenance living. With 52sqm of internal space, a 13sqm east-facing balcony and a secure 3sqm storage unit, it's perfectly suited to professionals, downsizers or investors seeking a well-located city base.

A standout feature for investors is the current lease in place until July 2026, returning $650 per week, offering strong and immediate rental income.

Inside, the open-plan design integrates the kitchen, dining and living areas, creating a bright and functional space. The contemporary kitchen showcases stone benchtops, stainless steel appliances and sleek cabinetry, while the living area flows onto the balcony, ideal for morning sun or evening relaxation.

The bedroom enjoys mirrored robes, ample natural light and direct balcony access. A modern bathroom, European laundry and secure car bay further enhance the appeal.
Residents benefit from premium lifestyle amenities including a resident lounge, BBQ courtyard, gym and a large outdoor lap pool.

With Langley Park, the river foreshore, cafés, CAT buses and the CBD close by, this apartment delivers both exceptional convenience and a solid investment opportunity.

The Details That make The Difference:
- 1 bedroom, 1 bathroom, 1 secure car bay and lock up storage unit
- 52sqm internal living
- 13sqm east-facing balcony with direct bedroom access
- 3sqm secure lock-up storage
- Modern kitchen with stone benchtops & stainless-steel appliances
- Split-system air conditioning
- Resident amenities: gym, spa, sauna, BBQ courtyard, lounge, garden zones & large outdoor lap pool
- Intercom and secure fob access
- Currently leased at $650pw until July 2026
- Sold fully furnished and self-equipped
- Total Strata Area 83sqm (Internal: 52sqm | External: 13sqm | Storeroom: 5sqm | Carbay: 13sqm)

Location Highlights:
- Approx. 600m to Swan River
- Approx. 1km to Borooloo Bridge
- Approx. 700m to WACA Ground
- Approx. 2km to Elizabeth Quay
- Approx. 2km to Matagarup Bridge & Optus Stadium
- Approx. 3km to Crown Perth
- Approx. 11km to Perth Airport

The Numbers:
- Strata Admin: $875.54 p/q
- Strata Reserve: $148.03 p/q
- Water: $1,199.82 p/a
- Council: $1,727.65 p/a

Whether you're expanding your portfolio or entering the market, this apartment delivers on location, lifestyle, and long-term value.

Contact Josh Roberts on 0403 879 855 or email [email protected] or Sean Roberts on 0477 172 138 or email [email protected] for inspection times and further details.

Property features

  • Garages 1
  • Floor area 83m2

Property snapshot by reiwa.com

This property at 86/128 Adelaide Terrace, East Perth is a one bedroom, one bathroom apartment sold by Josh Roberts and Sean Roberts at Arena Real Estate Agents on 14 Dec 2025.

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

0.7km
Mercedes College
  • Secondary
  • Non-government
0.9km
Trinity College
  • Combined
  • Non-government
1.7km
St George's Anglican Grammar School
  • Secondary
  • Non-government
Disclaimer

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 $2.1m
Median $1.8m
Low end $1.6m
10.6 %
Annual growth
$1.8m
Annual median sales price
$725pw
Annual median rental price

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FAQ's

86/128 Adelaide Terrace, East Perth was sold by Josh Roberts and Sean Roberts at Arena Real Estate Agents.

You can contact the agent here.

86/128 Adelaide Terrace, East Perth is a 1 bedroom, 1 bathroom apartment.
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