1706/8 Adelaide Terrace, East Perth WA 6004

Flood overlay detected | 102m² with 2 car spaces | Minimal capital growth since 2011 | 6.24-8% rental yield range The unit offers a strong rental yield potential of up to 8% annually, which positions it well for an investor seeking cash flow in a building where 45% of owners have held for over a decade, indicating stable long-term occupancy. The 102m² floorplan with two car spaces is generous for a flat apartment, and the FTTP connection supports modern working needs. This property best suits a buyer prioritizing rental income over capital appreciation, given the subdued price growth since 2011. The flood overlay is the primary risk, as it may affect insurance costs and resale liquidity, though no flood events are noted in the sale history. The minimal price appreciation over 15 years suggests limited upside in this unit, but the building’s high rental demand and 70% owner-occupier ratio provide a buffer. An opportunity exists to negotiate below the estimated value, given the flat historical performance and the flood overlay discount.