53/188 Adelaide Terrace, East Perth, WA 6004

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53/188 Adelaide Terrace, East Perth WA 6004

Offers From $680,000

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$680k - $714k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 3 Beds 2 Baths 1 Car

Listed: 3 days ago

Overview

This south facing apartment in the prestigious Soho complex presents a rare combination of liveability and investment appeal, strategically positioned to captivate residents and investors alike. Elevated with dual balconies that showcase stunning views of the city skyline and the Swan River, the residence ensures a captivating backdrop for both relaxation and entertaining.

The residence's open plan design integrates a modern kitchen equipped with stone benchtops and a brand new dishwasher, optimising functionality and aesthetic appeal, while the three bedrooms, all featuring built-in wardrobes, deliver comfortable private spaces. The master bedroom's private balcony and ensuite add an extra layer of convenience and exclusivity. The main bathroom is well-appointed and includes in-unit laundry facilities, enhancing day-to-day efficiency.

Resort-style amenities including a fully equipped gym, sun deck, swimming pool, and sauna support a well-rounded lifestyle.
The common games room with a pool table offers a social hub for residents seeking communal enjoyment.
Residential security is reinforced with an intercom system, storeroom, and a secure car bay.
Fully furnished and currently leased at a strong rental income, this is an immediately income-producing asset in an enviable East Perth location.

Located moments from an array of cafés, restaurants, and bars, the apartment benefits from excellent transport access including the complimentary CAT bus service and proximity to major road links, making city commute effortless. Suitable for investors aiming for premium inner city rental demand or homebuyers desiring an elevated urban lifestyle, this apartment combines the advantages of comfort, convenience, and lifestyle in one compelling offering.

Local Market Insights

In East Perth, Quiet Listings observed 34 new apartments entering the market over the last 30 days, down from 38 during the previous 30-day period, with an average advertised asking price of $721,029. The property type mix of listed properties is predominantly Apartments at 76%, followed by commercial properties (7%), and units (6%). The most active agency for apartments in the East Perth area is currently Realestate 88, representing 26% of new listings, followed by Inhabit Property Pty Ltd with 24%. 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.