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Perth CDB Investment Opportunity
Set within the iconic Perth Manhattan Towers on Adelaide Terrace, this oversized 1-bedroom apartment delivers exactly what smart buyers are chasing right now: strong rental return with a quality tenant.
Leased at $650 per week until November 2026, this is a genuine set-and-forget investment in the heart of the Perth CBD.
Why It Stands Out
* Approx. 66sqm internal + 15sqm balcony = 81sqm in total
* Polished timber floors
* Stylish kitchen with stone bench-tops & dishwasher
* High ceilings enhancing space and natural light
* Spacious bedroom with walk-in robe & fresh carpets
* Flexible layout with bi-fold doors (open-plan or enclosed bedroom)
* Fully tiled ensuite with separate bath & shower
* Study nook + internal laundry
The Complex
* Secure building
* Gym, pool & resident lounge
* High tenant demand location
* Built in 2002
* 60 Lots in the complex
The Location
Walk to so many places:
* Elizabeth Quay
* Swan River foreshore
* Langley Park
* Free CAT buses & major transport links
* Just to name a few
Important Information
* No car bay allocated
* No air conditioning
* Tenanted at $650/week until Nov 2026
* Vacant possession not available prior to lease expiry
The Takeaway
Plenty of apartments promise returns.This one is already delivering.
This is the kind of property investors quietly hold for years. Strong rental appeal, unbeatable convenience, and an entry price point that still makes sense.
- Council Rates: $1909.80 1 July’25 - 30 June ’26
- Water Rates: $1303.83 1 July’24 - 30 June ’25
- Strata Levies $1279.83/Qtr (Admin $1004.85 + Reserve $274.98)
We would love to show you through. Enquire today and secure your foothold in Perth’s CBD.
This property is proudly marketed by Access Property Management.
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, all information supplied by the seller and the seller’s agent is provided in good faith. Prospective purchasers should make their own enquiries with the relevant authorities to verify all relevant details.
Property features
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Below ground pool
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Dishwasher
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Toilets
1
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Built in wardrobes
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Balcony
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Laundry
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Study
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Gymnasium
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Kitchen
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Lounge/dining
Property snapshot by reiwa.com
This property at 9/255 Adelaide Terrace, Perth is a one bedroom, one bathroom apartment listed for sale by Mark Whiting at Access Property Management.
For more information about Perth, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Perth profile page.
If you would like to get in touch with Mark Whiting regarding 9/255 Adelaide Terrace, Perth, please call 0412 335 335 or contact the agent via email.
Nearby schools
Perth overview
Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.
Life in Perth
With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.
Perth quick stats
High end
$1.7m
Median
$1.4m
Low end
$1.3m
14.1 %
Annual growth
$1.4m
Annual median sales price
$777pw
Annual median rental price
