Back 40/189 Adelaide Terrace
Off Market

40/189 Adelaide Terrace

East Perth WA 6004

2
2
1
124 m²
Apartment
Cherry LiCherry Li, last sold this property on 23 February 2026 after 8 days on market.

Overview

FIRST TIME OFFERED FOR RE-SALE SINCE COMPLETED, ONE OWNER!

- A BRILLIANT INVESTMENT OR OWNER-OCCUPANCY OPPORTUNITY - SOUTH FACING WITH GLIMPSES OF RIVER AND KINGS PARK VIEWS - QUIET POSITION IN THE COMPLEX - POLISH TIMBER FLOORING AND SEPARATE LAUNDRY - CURRENTLY TENANTED UNFURNISHED WITH $800/WK UNTIL 23/04/2026 - VIEWING ESSENTIAL Positioned on the 5th floor of the prestigious Concerto Apartments, this stunning south-facing residence delivers the perfect blend of space, sophistication and stunning views across the Swan River, Elizabeth Quay and Kings Park to the west. Designed for effortless entertaining, the expansive 23sqm balcony flows seamlessly from the open-plan living and dining area, creating a beautiful indoor-outdoor connection framed by sparkling water and city vistas. The gourmet kitchen is a true statement of quality, appointed with premium Miele appliances including an induction cooktop, dishwasher and microwave, complemented by sleek stone benchtops and a generous breakfast bar. Both bedrooms are filled with natural light and feature mirrored built-in robes with direct balcony access. The master suite offers a private retreat complete with a luxurious ensuite. A second guest bathroom cleverly incorporates the laundry, while a separate linen cupboard adds valuable storage. Perfectly positioned between Elizabeth Quay and the renowned Crown Perth entertainment precinct, this exceptional apartment combines the convenience of inner-city living with an enviable resort-style lifestyle. A rare opportunity to secure luxury, lifestyle and location in one of East Perth's most sought-after addresses. Contact Cherry Li 0400 833 706 today to arrange a private viewing! ADDITIONAL FEATURES: - 2017 built 5th floor in landmark "Concerto" complex - Bright South facing with glimpse water, Elizabeth Quays and Kings Park - Polished floorboards throughout to main living areas - Floor-to-ceiling double glazed windows - Gourmet kitchen with stone benchtops - Miele appliances including induction cooktop & dishwasher - Separate laundry with extra storage - Ducted split zone air conditioning and downlights throughout - Large entertainer's balcony off lounge ideal for alfresco dining - Intercom system, security and building concierge onsite - Currently tenanted unfurnished with $800/week until 23/04/2026 - Internal: 84sqm, Balcony: 23sqm, Car Bay: 13sqm, Store: 4sqm, Total: 124sqm. OUTGOINGS -Water Rates: $1,437/y -Council Rates: TBA -Strata Levies: $1,368/q incl. reserve fund The Concerto Leisure Club gives residents access to a private gymnasium, pool, sauna, billiards room, table tennis, pool lounge & cabana, 14 seat dining room, corporate board room, garden court & movie theatre. Leave the car secure in your basement car bay while you enjoy a variety of amenities all within walking distance, including the stunning Elizabeth Quay, Langley Park, Swan River or Queens Gardens for your dose of nature. Or jump on the free CAT bus outside your door and enjoy a carbon-neutral trip to local cafes, bars, international shopping and events. Nearby amenities include: - 292m to Langley Park and Swan River - 770m to Royal Perth Hospital - 783m to Queens Gardens - 1.1m to WACA ground - 1.2km to Perth CBD - 1.3km to Elizabeth Quay - 3.2km to Crown Entertainment Complex - 2.5km to Optus Stadium - 2.6km to Kings Park DISCLAIMER: All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates. All distances to amenities are estimations obtained from Google Maps.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
124 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in East Perth over the last 12 months, the estimated median property value of 40/189 Adelaide Terrace is $638k.

Median value
$638k
Estimated value range
$360k - $1.23m
Median days on market
29
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in East Perth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40/189 Adelaide Terrace

2026
Sold
23 Feb 2026 by Cherry Li, of Realestate 88
2025
Rented
Undisclosed
Leased on 21 Oct 2025 by LJ Hooker City Residential - Perth

Happy sellers in East Perth

94%
94% of sellers in East Perth reported that their sale price either exceeded or met their price expectations.

East Perth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 78 reviews in East Perth over the last 12 months.

Local market activity for 2 bedroom apartments in East Perth

In the last 12 months, 240 two-bedroom apartments similar to 40/189 Adelaide Terrace, have been sold.

This represents a 31% increase in two-bedroom apartments sales when compared to the previous 12 months.

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