View
Investment Opportunity at ONE28- Lease in Place at $680pw
Perched on the 7th floor of the popular ONE28 Apartments, this stylish 1-bedroom apartment delivers a seamless blend of comfort, convenience and low-maintenance living in one of Perth's most vibrant riverside neighbourhoods. Boasting 52sqm of internal living, a generously sized 13sqm east-facing balcony and a secure 3sqm storage unit, this residence is ideal for professionals, downsizers, or investors seeking an easy-care city base.
Inside, the open-plan layout connects the kitchen, dining and living zones for a light-filled and functional living experience. The gourmet kitchen features stone benchtops, stainless steel appliances and sleek cabinetry, while the main living space opens onto the balcony for alfresco entertaining or quiet morning moments.
The spacious bedroom is filled with natural light and features mirrored built-in robes and direct access to the balcony, extending your private space and elevating day-to-day living. A modern bathroom, European-style laundry and secure car bay complete the offering.
Residents of ONE28 enjoy access to premium amenities, including a resident's lounge, BBQ courtyard, a fully equipped gym and a large outdoor lap pool, perfect for morning swims or unwinding after work.
With Langley Park, Swan River foreshore, cafes, free CAT buses and the CBD just moments away, this apartment promises convenience in every direction.
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 $680pw until November 2025
- Sold fully furnished and self-equipped
Location Highlights:
- Approx. 600m to Swan River
- Approx. 1km to Boorloo 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: $866.20 p/q
- Strata Reserve: $146.44 p/q
- Council Rates: $1,669.05 p/a
- Water Rates: $1,199.79 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 Bethany Scott on 0432 933 268 or email [email protected] for inspection times and further details.
Property features
-
Garages
1
Property snapshot by reiwa.com
This property at 88/128 Adelaide Tce, East Perth is a one bedroom, one bathroom apartment sold by Josh Roberts and Bethany Scott at Arena Real Estate Agents on 01 Sep 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
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
Contact the agent
