OFF MARKET

315/8 Adelaide Terrace
East Perth WA 6004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 48m2
Land area: 100m2
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Property Details for 315/8 Adelaide Tce, East Perth

315/8 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 100m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2014
Floor Size
48m2
Land Size
100m2
Local Government
Perth
Lot/Plan
62/S055728

Last Listing description (February 2024)

You will be AMAZED at the clever layout for this 2 bedroom 2 bathroom apartment in the sought-after Queens Riverside Apartment Complex. The modern layout has been designed so that the apartment can function as a single home or can be split into two separate one-bedroom studio apartments, A & B, each with their own bathroom and kitchen facilities, as well as a common entry, thereby allowing accommodation for two separate occupiers. This smart layout also has the potential to substantially increase the rental return an investor can realise or 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.For Investors you have the choice of 1) Renting out the whole of the apartment as a 2bed/2bath unit2) Living in the 'A' Unit and renting out the 'B' Unit3) Renting out both A & B units separately to different Tenants, realising circa $550 per week for the A side and $465 per week for the B side.For families, you have the choice of 1) living within the whole space or2) living in say the A side and having a parent or young adult family member living in the B side.Unsure what we mean then you have got to make an appointment with us to view this incredible, versatile & unique layout.Priced to sell, you can achieve amazing returns from the multiple options available.// APARTMENT FEATURES /// As you enter this apartment, you are greeted by a private common entry foyer that includes ample storage space and a lock-away laundry./ The A side studio includes an open living area incorporating the queen bed and extends out onto the balcony, affording verdant local views of Ozone Park. A kitchenette and bathroom with toilet complete the accommodation. A secure front door separates the A side from the B side if desired./ The B side studio also includes its own ensuite & kitchenette and its own secure front door thus allowing for ideal separation between the two studios which is perfect for families, twin share, Dual Key Leasing or those who need a guest room for visiting family and friends. / The two studio apartments also include Ducted Air Treatment, Smeg Kitchen Fit-Out, Stone Bench Tops, Quality Carpets, Security Intercom System, Secure Storeroom and one Undercover Secure Car Bay which can be allocated to either the A or B side.// THE QUEENS RIVERSIDE COMPLEX //Enjoy the beautiful surroundings as this stunning development, 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 ResortQueens Riverside is arguably one of Perth's most sought-after living destinations with unparalleled amenities. Among them are:/ On-site Concierge and Building Manager/ 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 / Suite A is available to lease at an estimated rent of at $550 per week/ Suite B is currently leased on a Fixed Lease at $465 per week until 17/12/2024/ Approx. Areas: Internal 74 sqm / Balcony 8 sqm / Car bay 13 sqm / Storeroom 5 sqm / TOTAL 100 sqm/ Approx. rates: Council $1,813.50 p.a. Water $1163.55 p.a. Strata $1,329.95 p. qtr.Call Grant Stewart of Province Property now on M: 0411 634 528 (international calls +61 411 634 528) or email to E: grant@provinceproperty.com to discuss further or to arrange an inspection.

Property History for 315/8 Adelaide Tce, East Perth, WA 6004

A timeline of how this property has performed in the market
Last Sold
$470,000
21 Dec 2023
  • 20 Jan 2024
    Listed for Sale $479,000
  • 21 Dec 2023
    Sold for $470,000
  • 20 Apr 2016
    Listed for Sale $659,000
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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 8,393 properties. Over the last 5 years, Houses in East Perth have seen a -10.35% decrease in median value, while Units have seen a 32.67% increase. As at 31 January 2025:

  • The median value for Houses in East Perth is $981,143 while the median value for Units is $578,802.
  • Houses have a median rent of $750 while Units have a median rent of $700.
There are currently 140 properties listed for sale, and 38 properties listed for rent in East perth on OnTheHouse. According to CoreLogic's data, 631 properties were sold in the past 12 months in East perth.

Suburb Insights for East Perth 6004

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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.