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5/123 Wellington Street, East Perth WA 6004

From $749,000

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$749k - $786k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 3 Beds 2 Baths 1 Car 94 m²

Listed: 1 hour ago

Overview

This well-proportioned apartment in East Perth's sought-after The Rise complex offers an exceptional opportunity to enjoy inner-city living with abundant space and leafy views. Its three bedrooms and two bathrooms provide versatility and privacy, with the master featuring an ensuite and built-in robes, while the additional bedrooms open onto private courtyards, extending the living areas outdoors.

The heart of the home is a bright, open-plan living and dining area that flows effortlessly onto a large covered balcony overlooking mature trees and Wellington Square parkland, creating a serene backdrop in an urban setting. The kitchen is functional and well-equipped with gas cooking, an under-bench oven, tiled splashbacks, and ample cabinetry, catering to everyday needs and entertaining alike.

Complementing the living spaces are two private courtyards, providing rare outdoor space for city apartments and enhancing the feeling of spaciousness and connection to nature. Additional practical features include a combined main bathroom and laundry with a bathtub, a secure car bay, and a storeroom, offering convenience and storage solutions.

Residents benefit from resort-style amenities within the complex, such as a swimming pool, gym, sauna, and residents' lounge, all set within well-maintained gardens. The location delivers outstanding connectivity, with Wellington Square as a green front garden, easy access to the CBD via free CAT buses, and proximity to train stations, arterial roads, and recreational destinations like Optus Stadium and Elizabeth Quay.

This property is well-suited to professionals seeking a lock-and-leave city lifestyle, downsizers desiring space without complexity, or investors attracted by strong demand for spacious city apartments with excellent facilities and location.

Council Rates: $1,970.55 per annum
Water Rates: $1,366.72 per annum
Strata Administration: $1,157.19 per quarter
Strata Reserve: $307.16 per quarter
Internal living area: 94 square meters
Total area including outdoor spaces: 157 square meters
Year built: 2000

Local Market Insights

In East Perth, Quiet Listings observed 22 new apartments entering the market over the last 30 days, down from 35 during the previous 30-day period, with an average advertised asking price of $598,955. The property type mix of listed properties is predominantly Apartments at 89%, followed by houses (4%), and townhouses (4%). The most active agency for apartments in the East Perth area is currently Inhabit Property, representing 23% of new listings, followed by Ljhooker with 23%. 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.