83/128 Adelaide Terrace

East Perth WA 6004

Positioned on the 7th floor of the sought-after ONE28 Apartments this two-bedroom two-bathroom apartment offers investors an exceptional opportunity to secure a high-performing, low-maintenance asset in the heart of East Perth.Currently leased at $700 per week until May 2026, this property delivers strong rental returns and the peace of mind of a long-term tenancy. Perfect for investors seeking immediate income and future growth in a high-demand location.Spanning a total of 111 sqm of strata area, the apartment comprises 82 sqm of internal living, a 12 sqm balcony, a 13 sqm secure undercover car bay and a 4 sqm lock-up storeroom. Featuring a functional open-plan layout, the home includes a modern kitchen with stone benchtops, stainless-steel European appliances and ample cabinetry. Both bedrooms feature built-in robes, with the master complemented by a private ensuite and direct balcony access.Residents of ONE28 Apartments enjoy resort-style amenities, including a lap pool, sauna, fully equipped gym, games room and BBQ courtyard, all within a secure, well-maintained complex. The location is second to none, with Langley Park, the Swan River foreshore and Perth's vibrant CBD just moments away.Surrounded by the river, parks, and the city's best amenities, East Perth continues to deliver a lifestyle and location that appeal to both residents and investors.The Details That make The Difference:- Currently leased at $700 per week until May 2026- 2 bedrooms with built-in robes- 2 bathrooms including ensuite off master- Situated on level 7- Functional open-plan layout- Reverse air-conditioning- Total area: 111sqm (Internal: 82sqm | Balcony: 12sqm | Carbay: 13sqm | Storeroom: 4sqm)Complex amenities:- Secure well-maintained complex- Intercom access- Lap pool, sauna, fully equipped gym, games room and BBQ facilitiesLocation 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 AirportThe Numbers:- Strata Admin: $1,260.78 p/q- Reserve Fund: 213.16 p/q- Water: $1,425.53 p/a- Council: $2,152.70p/aDelivering a strong return, a quality tenancy, and resort-style living in a blue-chip inner-city location, this ONE28 apartment represents a stand-out investment opportunity.Contact Josh Roberts on 0403 879 855 or email jroberts@arenare.com.au for more information or to arrange your private inspection.