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Positive Gearing or Money Box Opportunity!

Rare opportunity to purchase this very neat, studio apartment in sought after Causeway Gardens. This neat, fully furnished apartment has been returning $350 per week with 3 month leases, but market rent for long term tenants is likely $280 per week!  This property is now being sold vacant to give a new owner the opportunity to enjoy this city location or find a new tenant for a great return.

Top floor apartment in secure building with parking available through the strata company.  This studio apartment is situated within Perth's free transit zone and only a short walk along the Terrace to the CBD, river and Queens Gardens precinct.

Ideal for lock and leave workers, first homeowners or investors wanting great yield.

Email Agent for floor plan and strata information pack.

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Address 221/ 45 Adelaide Terrace, East Perth
Price SOLD for $167,000
Property Type Residential
Property ID 1132
Category Unit

Agent Details

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James Yeoman

0400 900 622
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