178/189 Adelaide Terrace, East Perth WA 6004

28th floor Concerto | Swan River panorama | 132sqm total | premium tier in East Perth This property occupies a rare position in the Concerto building — the 28th floor delivers unobstructed river and city views that cannot be built out, and the 132sqm total area with a 30sqm balcony places it well above the typical 2-bedroom configuration in this suburb. For a buyer seeking a genuine high-rise residence rather than a standard apartment, the combination of floor level, outlook, and internal scale is competitively scarce. It suits an owner-occupier who values daily amenity over yield, or an investor targeting the executive rental bracket where view premiums hold. The primary risk is the single car bay — in a building where some 2-bedroom units have two, this may narrow the resale pool. The flood and heritage overlays are administrative rather than structural but should be confirmed for insurance and renovation constraints. The market context shows strong turnover in East Perth 2-bedroom units, but this property sits above the median and will trade on its specifics, not suburb averages. The opportunity is to hold for capital growth driven by scarcity of high-floor river views in a 2017 build with modern finishes. Use this as a long-term hold where the view is the moat.