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16//148 Adelaide Terrace, East Perth WA 6004

Offers From $679,000

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$679k - $713k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 2 Baths 1 Car 119 m²

Listed: 43 days ago

Updated: 14 days ago

Overview

This modern sixth-floor apartment places residents in a premium East Perth location where urban convenience seamlessly blends with resort-style amenities, offering an elevated city living experience. Nestled within a secure and well-maintained complex, the property boasts access to high-quality communal facilities including a swimming pool, a fully equipped gymnasium, a jacuzzi, BBQ areas, a new pickleball court, and a residents' lounge with billiards – providing a vibrant community atmosphere ideal for relaxation and socializing.

The apartment's design prioritizes indoor-outdoor flow, featuring a generous balcony that becomes a focal space for entertaining or unwinding while overlooking the surrounding cityscape. Inside, the residence offers comfort and practicality with two bedrooms, two bathrooms, and a dedicated secure parking space complemented by a lockable storage room, catering well to professionals or small families looking for ease of lifestyle in an inner-city setting.

Constructed in 2009 and comprising a total floor area of approximately 119 square meters – inclusive of internal living space, balcony, parking, and storage – the property maintains a careful balance of space and functionality. School catchments include Highgate Primary and Bob Hawke College, with prestigious private options such as Trinity Grammar and Mercedes College within close reach, enhancing its appeal to families with school-aged children.

Residents benefit from excellent connectivity and a host of nearby amenities; premium cafes, entertainment venues, cultural landmarks, and the Swan River waterfront are all easily accessible by foot. Transport options are abundant with a nearby bus stop only 170 meters away and McIver Train Station approximately 1.4 kilometers from the building. Recreational venues like Langley Park, Queens Gardens, and Kings Park add to the enhanced lifestyle, alongside proximity to the Hay Street Mall and Elizabeth Quay.

Currently leased with a rental income of $850 per week until September 2026, this apartment presents as a sound investment opportunity or a prime city home in one of Perth's most sought-after precincts, combining lifestyle, location, and quality, all within a thriving riverside community.

Internal living space: 80 sqm
Balcony: 24 sqm
Parking space: 13 sqm
Storage room: 2 sqm

Strata fees cover comprehensive maintenance and management of the complex, ensuring the continued quality of amenities and common areas.

Local Market Insights

In East Perth, Quiet Listings observed 25 new apartments entering the market over the last 30 days, down from 36 during the previous 30-day period, with an average advertised asking price of $622,920. The property type mix of listed properties is predominantly Apartments at 90%, followed by houses (3%), and townhouses (3%). The most active agency for apartments in the East Perth area is currently Ljhooker, representing 32% of new listings, followed by Inhabit Property with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.