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Back 86/128 Adelaide Terrace
Off Market

86/128 Adelaide Terrace

East Perth WA 6004

1
1
1
83 m²
Apartment
Last sold for $545,000
Josh RobertsJosh Roberts, last sold this property on 15 December 2025 after 7 days on market.

Overview

Secure Investment with Lease in Place at $650 per week until July 2026

Positioned on the 7th floor of the sought-after ONE28 Apartments, this stylish 1-bedroom residence delivers an effortless combination of comfort, convenience and low-maintenance living. With 52sqm of internal space, a 13sqm east-facing balcony and a secure 3sqm storage unit, it's perfectly suited to professionals, downsizers or investors seeking a well-located city base. A standout feature for investors is the current lease in place until July 2026, returning $650 per week, offering strong and immediate rental income. Inside, the open-plan design integrates the kitchen, dining and living areas, creating a bright and functional space. The contemporary kitchen showcases stone benchtops, stainless steel appliances and sleek cabinetry, while the living area flows onto the balcony, ideal for morning sun or evening relaxation. The bedroom enjoys mirrored robes, ample natural light and direct balcony access. A modern bathroom, European laundry and secure car bay further enhance the appeal. Residents benefit from premium lifestyle amenities including a resident lounge, BBQ courtyard, gym and a large outdoor lap pool. With Langley Park, the river foreshore, cafés, CAT buses and the CBD close by, this apartment delivers both exceptional convenience and a solid investment opportunity. The Details That make The Difference: - 1 bedroom, 1 bathroom, 1 secure car bay and lock up storage unit - 52sqm internal living - 13sqm east-facing balcony with direct bedroom access - 3sqm secure lock-up storage - Modern kitchen with stone benchtops & stainless-steel appliances - Split-system air conditioning - Resident amenities: gym, spa, sauna, BBQ courtyard, lounge, garden zones & large outdoor lap pool - Intercom and secure fob access - Currently leased at $650pw until July 2026 - Sold fully furnished and self-equipped - Total Strata Area 83sqm (Internal: 52sqm | External: 13sqm | Storeroom: 5sqm | Carbay: 13sqm) Location Highlights: - Approx. 600m to Swan River - Approx. 1km to Borooloo Bridge - Approx. 700m to WACA Ground - Approx. 2km to Elizabeth Quay - Approx. 2km to Matagarup Bridge & Optus Stadium - Approx. 3km to Crown Perth - Approx. 11km to Perth Airport The Numbers: - Strata Admin: $875.54 p/q - Strata Reserve: $148.03 p/q - Water: $1,199.82 p/a - Council: $1,727.65 p/a Whether you're expanding your portfolio or entering the market, this apartment delivers on location, lifestyle, and long-term value. Contact Josh Roberts on 0403 879 855 or email jroberts@arenare.com.au or Sean Roberts on 0477 172 138 or email sroberts@arenare.com.au for inspection times and further details.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
83 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in East Perth over the last 12 months, the estimated median property value of 86/128 Adelaide Terrace is $475k.

Median value
$475k
Estimated value range
$245k - $635k
Median days on market
16
Estimated value trend
13%
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 86/128 Adelaide Terrace

2025
Sold
$545,000
15 Dec 2025 by Josh Roberts, of Arena Real Estate
2025
Rented
Undisclosed
Leased on 30 Jul 2025 by Arena Real Estate
2024
Sold
$360,000
19 May 2024 by Kym Vasile, of Acton Belle Property South Perth And Victoria Park

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 1 bedroom apartments in East Perth

In the last 12 months, 118 one-bedroom apartments similar to 86/128 Adelaide Terrace, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

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