63/138 Adelaide Terrace, East Perth, WA, 6004

Affordable City Studio with Secure Parking and Poolside Living in Perth’s Free Transit Zone

Unit
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, March 09, 2026 ( See property details for 63/138 Adelaide Terrace, East Perth, WA, 6004)

From $369,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, secure, and conveniently located studio apartment in Perth's CBD offering excellent investment and lifestyle opportunities.

🏡 Property Highlights

  • Prime location in Perth's vibrant city precinct
  • Secure building with dedicated parking
  • Sparkling swimming pool for residents' leisure
  • Open-plan studio layout maximising space
  • Immediate rental income with strong upside potential
  • Close to Perth CBD, Swan River, and Elizabeth Quay

✨ Key Features

  • Swimming Pool
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Internal Laundry
  • Balcony
  • Pet-Friendly
  • NBN / High-Speed Ready
  • Low-Maintenance Yard

East Perth offers a vibrant urban lifestyle with easy access to Perth's CBD, Swan River, and Elizabeth Quay. Residents enjoy excellent public transport options, a lively dining scene, and scenic waterfront walks. The area combines convenience with a relaxed, city-centre atmosphere, making it ideal for both investors and professionals. With nearby parks and recreational facilities, East Perth provides a balanced lifestyle in a sought-after location.

What are the key features of this apartment?
This apartment features a modern open-plan layout, secure parking, a swimming pool, internal laundry, balcony, and high-speed internet readiness, all within a secure building in Perth's CBD.
Is the property suitable for investment purposes?
Yes, the property currently generates rental income of $350 per week with potential to increase to $500, making it an attractive investment opportunity with strong rental demand in the area.
What amenities are available nearby?
Residents can enjoy Perth's Free Transit Zone, walk to the Swan River, Elizabeth Quay, and numerous dining, entertainment, and recreational options within the city precinct.
What is the condition of the property?
The property is modern and well-maintained, with contemporary finishes and a functional layout designed for comfortable city living.
Are there any restrictions or special considerations?
The property is within a secure building with strata management; details on strata fees and regulations can be provided upon enquiry.
Are there any upcoming strata or body corporate fee increases or special levies planned? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any restrictions on short-term rentals or Airbnb use within the building? What are the total ongoing costs, including strata fees, council rates, and maintenance? Are there any planned developments or construction projects nearby that could impact the property? Has the property been inspected recently for structural issues or defects? Are there any easements, zoning restrictions, or planning overlays affecting the property? What are the noise levels and neighbour conditions in the building? Is the property compliant with all building codes and regulations? Are there any current or planned community or building upgrades that could affect living or costs?

63/138 Adelaide Terrace, East Perth, WA, 6004 - More Details

Affordable City Studio with Secure Parking and Poolside Living in Perth’s Free Transit Zone

Click "Enquire", "Get in touch" or "Email Agent' for floor plan and strata information sent directly to your email. Make an Offer or become an Observer on Openn.com: https://anz.openn.com/app/l/r9Ko Positioned within the heart of Perth's vibrant city precinct, this affordable studio apartment offers an exceptional opportunity for both investors and city dwellers seeking convenience without compromise. Set within a secure building with secure parking, the property delivers peace of mind alongside an enviable inner-city lifestyle. Inside, the modern kitchen is thoughtfully designed to maximise space and functionality, creating a comfortable and practical living environment. The open-plan studio layout allows for effortless living, whether you're relaxing at home or preparing to step out and enjoy everything the city has to offer. Residents can escape the bustle and unwind in the sparkling swimming pool during the warmer months, creating your own private oasis while remaining within the city limits. From your doorstep, enjoy Perth's Free Transit Zone for seamless travel, or take a leisurely stroll along the terrace straight into the CBD. The Swan River and Elizabeth Quay are also just an easy walk away, offering some of Perth's best dining, entertainment, and waterfront experiences. Currently leased at $350 per week until 30 December 2026, this property presents immediate rental income with significant upside potential, with an estimated rental return of up to $500 per week in the current market. An outstanding opportunity to secure an affordable entry into Perth's CBD with strong investment fundamentals and lifestyle appeal.
Type
Unit
Bedrooms
1
Bathrooms
1
Parkings
1

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