Nestled within the prestigious Princeton Residences, one of the signature buildings of the award-winning Subi Centro Redevelopment, Apartment 5 presents an exceptional opportunity to secure an oversized two-bedroom residence in one of Perth's most tightly held lifestyle precincts.
Completed in 2001, Princeton has long been admired for its timeless European-inspired architecture, beautifully manicured gardens, and peaceful central courtyard that creates a private sanctuary away from the bustle of everyday life. The development has cultivated an exceptionally stable community, with more than half of its residents choosing to call Princeton home for over a decade—a testament to the quality of the building, its outstanding liveability, and the lifestyle it offers.
Positioned to capture peaceful views across the lush landscaped courtyard, this freshly repainted residence offers an impressive 89sqm of internal living, generous proportions rarely found in modern apartment living, soaring ceilings, and an abundance of natural light that fills the home throughout the day.
Stepping inside, you're welcomed by a spacious tiled entry foyer that creates a natural transition into the home before opening into the expansive open-plan living and dining area. Finished with plush carpet underfoot and complemented by a reverse-cycle split-system air conditioner for year-round comfort, this inviting space flows effortlessly onto the generous 11sqm east-facing balcony, overlooking the beautifully maintained communal gardens. It's the perfect setting to enjoy your morning coffee while surrounded by established greenery and birdsong, offering a level of tranquillity that's increasingly difficult to find so close to the heart of Subiaco.
The kitchen has been thoughtfully designed with both functionality and timeless style in mind. Rich timber cabinetry is paired with marble-look stone benchtops, under-cabinet lighting, and an abundance of storage throughout. Quality appliances—including a gas cooktop, Bosch electric oven and dishwasher—make everyday cooking a pleasure, while the generous wraparound benchtops provide exceptional preparation space and comfortably doubles as a breakfast bar for casual dining.
Cleverly integrated into the kitchen is a European-style built-in laundry, complete with a Fisher & Paykel dryer, laundry trough, and additional cabinetry, maximising practicality without compromising the clean, functional design of the space.
The oversized master suite continues the home's theme of generous proportions, featuring plush carpet, large windows that welcome abundant natural light, block-out curtains, a ceiling fan, and expansive mirrored built-in robes. Completing the retreat is a private ensuite, finished in a timeless European-inspired style with generous vanity storage and practical everyday functionality.
The second bedroom is equally spacious and perfectly suited for guests, family members or a home office. Mirrored built-in robes, large windows, and carpet flooring create another comfortable retreat, while the main bathroom echoes the same classic design language with generous vanity storage and quality finishes throughout. A separate linen cupboard positioned within the hallway further enhances the home's excellent storage options.
Additional features include secure video intercom entry, a highly sought-after side-by-side double undercover car bay, a private 5sqm storeroom, and exclusive resident access to an indoor heated swimming pool and fully equipped gymnasium—further elevating the lock-and-leave lifestyle that Princeton is renowned for.
Location is where this residence truly excels. Situated in the heart of Subiaco, everything you need is only moments away. Subiaco Square Shopping Centre, Coles, Target, cafés, restaurants, everyday conveniences, and the ever-popular Layers Bakery are all within easy walking distance. Rokeby Road's renowned dining and boutique shopping precinct is only a short three-minute stroll away, while Market Square Gardens offers beautiful open green space for morning walks, weekend picnics, or simply unwinding outdoors.
Families will appreciate being within the catchment areas for Subiaco Primary School and Bob Hawke College, with Perth Modern School and The University of Western Australia also close by. Commuters couldn't ask for greater convenience, with Subiaco Train Station positioned virtually at your doorstep, providing effortless access to the Perth CBD and beyond without needing to drive.
Vacant and ready for immediate possession, this outstanding residence is perfectly suited to owner-occupiers seeking an effortless lock-and-leave lifestyle or investors looking to capitalise on one of Perth's strongest rental markets. Recent rental assessments indicate an estimated return of approximately $900-$950 per week.
Property Features
•Oversized 89sqm of internal living with soaring high ceilings
•Freshly repainted throughout and vacant for immediate possession
•Spacious 2 bedrooms | 2 bathrooms | 2 secure side-by-side car bays
•Generous 11sqm east-facing balcony overlooking beautifully landscaped courtyard gardens
•Reverse-cycle split-system air conditioning to the living area
•Spacious kitchen with gas cooktop, Bosch oven, dishwasher, marble-look stone benchtops and under-cabinet lighting
•European-style laundry with Fisher & Paykel dryer, laundry trough and additional storage
•Oversized master suite with mirrored built-in robes, ceiling fan and private ensuite
•Secure video intercom access plus private 5sqm lockable storeroom
•Exclusive resident facilities including an indoor heated swimming pool and fully equipped gymnasium
•Located within the award-winning Princeton Residences in the prestigious Subi Centro redevelopment
•Walk to Layers Bakery, Rokeby Road, Subiaco Square, train station, cafés, restaurants and everyday conveniences.
Outgoings:
Strata Rates: $1,412.10 Per Quarter
Water Rates: $1,422.00 Per Annum
Council Rates: $2,289.23 Per Annum
Opportunities to secure a home within the tightly held Princeton Residences are few and far between. Combining generous proportions, peaceful courtyard outlooks, resort-style resident facilities, and one of Perth's most walkable lifestyle locations, Apartment 5 offers a rare chance to enjoy the very best of Subiaco living.
Whether you're searching for your next home or a blue-chip investment in one of Perth's most desirable suburbs, this is a residence you'll want to experience in person. Contact Yen Wong today to arrange your private viewing and discover why Princeton continues to be one of Subiaco's most sought-after addresses.
Disclaimer:
Please note that images are for illustrative purposes only and may not reflect the current furnishings or fixtures included in the property sale.
This property description is provided for general information purposes only. While the Blackburne team has taken reasonable care to ensure the accuracy of the information, we make no guarantees or warranties, express or implied, as to its correctness. Prospective buyers are strongly advised to conduct their own independent due diligence and seek professional advice where necessary. The Blackburne team accepts no liability for any errors, omissions, or discrepancies contained herein.