SoldDec 16, 2025

86/128 Adelaide Terrace, East Perth, WA, 6004

$545,000

1
1
1
83 m²

Apartment

8 days on the market

Sold: Dec 16, 2025

What's around 86/128 Adelaide Terrace

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.

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