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Back 88/128 Adelaide Terrace
Off Market

88/128 Adelaide Terrace

East Perth WA 6004

1
1
1
Apartment
Last sold for $470,000
Josh RobertsJosh Roberts, last sold this property on 03 September 2025 after 47 days on market.

Overview

Investment Opportunity at ONE28- Lease in Place at $680pw

Perched on the 7th floor of the popular ONE28 Apartments, this stylish 1-bedroom apartment delivers a seamless blend of comfort, convenience and low-maintenance living in one of Perth's most vibrant riverside neighbourhoods. Boasting 52sqm of internal living, a generously sized 13sqm east-facing balcony and a secure 3sqm storage unit, this residence is ideal for professionals, downsizers, or investors seeking an easy-care city base. Inside, the open-plan layout connects the kitchen, dining and living zones for a light-filled and functional living experience. The gourmet kitchen features stone benchtops, stainless steel appliances and sleek cabinetry, while the main living space opens onto the balcony for alfresco entertaining or quiet morning moments. The spacious bedroom is filled with natural light and features mirrored built-in robes and direct access to the balcony, extending your private space and elevating day-to-day living. A modern bathroom, European-style laundry and secure car bay complete the offering. Residents of ONE28 enjoy access to premium amenities, including a resident's lounge, BBQ courtyard, a fully equipped gym and a large outdoor lap pool, perfect for morning swims or unwinding after work. With Langley Park, Swan River foreshore, cafes, free CAT buses and the CBD just moments away, this apartment promises convenience in every direction. 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 $680pw until November 2025 - Sold fully furnished and self-equipped Location Highlights: - Approx. 600m to Swan River - Approx. 1km to Boorloo 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: $866.20 p/q - Strata Reserve: $146.44 p/q - Council Rates: $1,669.05 p/a - Water Rates: $1,199.79 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 Bethany Scott on 0432 933 268 or email bscott@arenare.com.au for inspection times and further details.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
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 88/128 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 88/128 Adelaide Terrace

2025
Sold
$470,000
03 Sep 2025 by Josh Roberts, of Arena Real Estate
2024
Rented
Undisclosed
Leased on 03 Nov 2024 by Arena Real Estate
2024
Rented
Undisclosed
Leased on 27 Feb 2024 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 79 reviews in East Perth over the last 12 months.

Local market activity for 1 bedroom apartments in East Perth

In the last 12 months, 120 one-bedroom apartments similar to 88/128 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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