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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

56/38-42 Waterloo Crescent
East Perth, WA 6004

Offers From $409,000.00

Apartment 1 bed 1 bath 1 car
Listed Date: 22nd May 2026
Overview

Fantastic Location with Million Dollar Views

This renovated apartment offers a fantastic location with stunning views that encompass nearly half of Perth. Situated on the second-highest floor of the building, it provides an elevated perspective overlooking the Western Australian Cricket Association (WACA), the river, and the Crown Casino, making it a truly remarkable place to call home or invest in.

The apartment features a renovated kitchen equipped with modern finishes, complemented by high-gloss laminate flooring throughout, which enhances the bright and airy atmosphere. Despite its compact size, the unit feels spacious and inviting, making efficient use of the available space.

Residents will enjoy the convenience of being within walking distance to several key local attractions and amenities, including Queens Park, the WACA, Gloucester Park, and the Swan River. Additionally, Claisebrooke Cove is just four blocks away, and public transport is easily accessible with the Yellow Cat bus stop located right outside the building.

This property is ideal for investors, currently leased to a long-term tenant with a lease ending on 21 May 2027, generating a weekly rental income of $500. This equates to a rental yield of approximately 6.36%, prior to council and strata fees.

Annual costs associated with the property include water rates of approximately $843.54, council rates of approximately $1,358.70, and strata fees of approximately $4,444.00. The building offers secure access, providing peace of mind for residents.

Whether you are looking to immerse yourself in the vibrant city life of Perth or seeking a smart investment opportunity, this apartment represents an excellent choice. Apartments in this block are rarely available, so prompt action is recommended to secure this exceptional property.

Inspections are available by appointment only.

Property Information

  • Floor area approximately 45 square meters

Property Features

  • Balcony
  • Secure Parking
  • One Car Space

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
56/38-42 Waterloo Crescent
East Perth WA 6004
Measurements
Type Dimensions
Floor Area 45 m²
Market Insights for East Perth WA 6004
New Listings (last 30 days)
7
Average price
$1,014,000
Lowest price
$549,000
Highest price
$2,500,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.