Back 83/148 Adelaide Terrace
Off Market

83/148 Adelaide Terrace

East Perth WA 6004

2
2
2
Apartment
Last sold for $730,000
Lee TamblinLee Tamblin, last sold this property on 09 June 2025 after 83 days on market.

Overview

Luxurious Sky Apartment with Spectacular Views & High Rental Potential

Imagine waking up every morning to breathtaking panoramic views of the Swan River, Queens Gardens, Burswood and the Perth Hills. Perched high on level 15, this stunning two bedroom, two bathroom Sky Apartment offers an unparalleled blend of style, comfort and convenience. Designed for modern city living, the light filled open plan layout flows effortlessly onto a spacious 20sqm balcony, where you can unwind and take in the incredible skyline. The sleek kitchen is a chef’s dream, featuring stone benchtops, stainless steel appliances and an electric cooktop. The master suite offers balcony access, a built-in robe and a private en-suite, while the second bedroom also enjoys balcony access and built-in storage. Indulge in world-class amenities, including a resort-style pool, spa, fully equipped gym, padel tennis court, and BBQ area. With Langley Park, Elizabeth Quay and the vibrant CBD just a short stroll away, you’ll have the best of Perth’s lifestyle at your doorstep. Adding to its appeal, this apartment comes fully furnished (not including the electric BBQ)and is currently leased at $800 per week to an excellent tenant (on a periodic lease) who is keen to sign a new 12-month lease, making it a fantastic investment or move-in-ready home. This exclusive residence delivers the ultimate inner-city lifestyle in one of Perth’s finest apartment complexes. Don’t miss out! Features: * Perfectly located on the 15th floor with glorious views * Good size master bedroom with full ensuite, built in robes & balcony access * Open plan kitchen/dining/ living area * Stylish kitchen with plenty of bench and storage space * Stainless steel appliances * Large living area with direct access to balcony * Spacious minor bedroom with built in robes * Combined second bathroom and laundry * Split system air conditioning * Prime location Size: * 81sqm of internal living space * 17sqm balcony * 4sqm store * 26sqm parking space (two cars in tandem) * Total 128sqm Financials * Strata Fees $1,601 per qtr (admin $1,214 & reserve $193) * Water Rates: $1,500 per annum (approx) * Council Rates: $1,700 per annum (approx) * Current rent $800 per week (on a periodic lease) Facilities * Welcoming lobby entrance * Illuminated below ground pool * Separate Jacuzzi * BBQ facilities * Fully equipped gymnasium * Padel tennis court * Sun deck area * Located on the free CAT bus route Distances * 2.2km to Optus Stadium (approx) * 1.7km to Elizabeth Quay (approx) * 1.7km to the CBD (approx) * 1km to Boorloo Pedestrian Bridge (approx) * 500m Foodies IGA Approximate (approx) * 500m to a selection of bars/cafes/restaurants Property Code: 218

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
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 83/148 Adelaide Terrace is $637.94k.

Median value
$637.94k
Estimated value range
$360k - $1.23m
Median days on market
28
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 83/148 Adelaide Terrace

2025
Sold
$730,000
09 Jun 2025 by Lee Tamblin, of One Percent Realty WA
2023
Rented
Undisclosed
Leased on 19 Dec 2023 by Arena Real Estate
2022
Rented
Undisclosed
Leased on 20 Sep 2022 by Arena Real Estate

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 80 reviews in East Perth over the last 12 months.

Local market activity for 2 bedroom apartments in East Perth

In the last 12 months, 239 two-bedroom apartments similar to 83/148 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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