SOLD
Sold on 20 Apr 2024 for $688,000

1509/8 Adelaide Terrace
East Perth WA 6004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 113m2
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Property Details for 1509/8 Adelaide Tce, East Perth

1509/8 Adelaide Tce, East Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 113m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in East Perth in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
86m2
Land Size
113m2
Local Government
Perth
Lot/Plan
204/S055728

Last Listing description (April 2023)

Be one of the very few to own a dual key apartment in the highly sought-after Queens Riverside Apartment Complex. This unique 2 bedroom 2 bathroom apartment design not only functions as a single home, it can also operate as two separate apartments attached through a shared entry space. This approach increases substantially the rental income an investor can realise and also allows for one family to have separate accommodation, which is ideal for say, a young adult or senior family member to have their own secure separate space under the same roof.

Located on Level 15 of the QIII Building with sparkling river views, you MUST make an appointment with us to view this incredible, versatile & unique layout.

For Investors you have the choice of:

1) Renting out the whole of the apartment as a sizable 2bed/2bath
2) Living in the 'A' Unit and renting out the 'B' Unit
3) Renting out both A & B units separately to different Tenants

For families, you have the choice of:
1) Living within the whole space (as a 2-bedroom 2-bathroom apartment) or
2) Living in say the A side and having a parent or young adult family member living in the B side.

// APARTMENT FEATURES //
/ As you enter this apartment, you are greeted by your own personal foyer that includes ample storage space and a lock-away laundry.
/ The main open living area extends out onto the Mediterranean style loggia (Balcony) affording verdant views of Ozone Park.
/ The Master Bedroom also offers the same lush views with its floor to ceiling windows and also features generous storage space and elegant ensuite with shower and soaking tub.
/ The Second bedroom also includes its own ensuite & kitchenette and its own secure front door thus allowing for ideal separation between the two bedrooms which is perfect for families, twin share, Dual Key Leasing or those who need a guest room for visiting family and friends.
/ The apartment also includes Ducted Air Conditioning, Smeg Kitchen Fit-Out, Stone Bench Tops, Highest Quality Carpets, Security Intercom System, Secure Storeroom and Secure Car Bay.

// THE QUEENS RIVERSIDE COMPLEX //
Enjoy the beautiful surroundings as this stunning development is set among the precinct that is home to the manicured Queens Gardens, Internationally Famous WACA Cricket Ground and the Tranquil Swan River. Located at the hub of many of the road systems, with cycle paths and pedestrian walks in abundance and a short walk to the amazing Optus Stadium and Crown Casino Resort
Queens Riverside is arguably one of Perth's most sought-after living destinations with unparalleled amenities. Among them are:
/ On-site concierge service
/ Private fully equipped gym
/ 25m temperature controlled lap pool & 2 Japanese hot tubs & BBQ facilities located on the beautifully landscaped pool terrace
/ Residents Lounge and Cinema Room.
This incredible development also benefits from its location to the adjacent Frasers All Suites Hotel restaurant and bar facilities - offering residents an experience usually found in world-class resorts.

IN DETAIL
/ Video intercom security for guest entry
/ Storeroom
/ 1 undercover secure Car Bay
/ The Apartment is currently leased as a single 2-Bedroom apartment at a rate of $600 per week until 02/05/2023
/ Approx. Areas: Internal 86 sqm / Balcony 8 sqm / Car bay 14 sqm / Storeroom 5 sqm / TOTAL 113 sqm
/ Approx. rates: Council $2,034.60 p.a. Water $1,337.30 p.a. Strata $1,329.17 p. qtr.

Call Tasha Stewart of Province Property now on M: 0411 634 528 (international calls +61 411 634 528) or email to E: info@provinceproperty.com to discuss further or to arrange an inspection.

Property History for 1509/8 Adelaide Tce, East Perth, WA 6004

A timeline of how this property has performed in the market
Last Sold
$688,000
20 Apr 2024
Listed for Rent
$550/w
21 Mar 2019
  • 20 Apr 2024
    Sold for $688,000
  • 27 Oct 2022
    Listed for Sale $660,000
  • 19 Sep 2018
    Listed for Rent - Price not available
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About East Perth 6004

The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of total area. The population of East Perth in 2011 was 8,184 people. By 2016 the population was 10,598 showing a population growth of 29.5% in the area during that time. The predominant age group in East Perth is 20-29 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation. In 2011, 37.8% of the homes in East Perth were owner-occupied compared with 37.6% in 2016.

East Perth has 8,339 properties. Over the last 5 years, Houses in East Perth have seen a 17.54% increase in median value, while Units have seen a 32.00% increase. As at 31 October 2024:

  • The median value for Houses in East Perth is $1,149,634 while the median value for Units is $588,181.
  • Houses have a median rent of $840 while Units have a median rent of $680.
There are currently 142 properties listed for sale, and 44 properties listed for rent in East perth on OnTheHouse. According to CoreLogic's data, 641 properties were sold in the past 12 months in East perth.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.