45/148 Adelaide Terrace, East Perth WA 6004

1-bed apartment on major arterial | Open-plan with balcony and broad outlook | Common 1x1x1 format for East Perth | Building supports premium rent for larger units This unit’s competitive position is shaped by its standard 1-bedroom, 1-bathroom, 1-car configuration, which is a common but consistently demanded format in East Perth’s dense apartment market. The open-plan living, dining, and kitchen layout, combined with balcony access and a described sweeping vista, gives it a functional edge for city workers, downsizers, or investors seeking low-maintenance inner-city living. Its location on Adelaide Terrace places it on a major arterial road linking the CBD and river corridor, which supports strong rental demand and buyer interest from those prioritising proximity over quiet. The building’s ability to command $900 per week for a larger unit suggests the complex can sustain premium rental pricing, though this unit’s exact income potential remains unconfirmed. The property’s value may be influenced by its arterial-road frontage, which typically introduces urban noise and traffic trade-offs that could narrow appeal for owner-occupiers seeking tranquillity. The absence of confirmed internal finishes, exact floor level, and building amenity details means the unit’s true condition and comparative quality within the building are not yet clear. Without a verified build year or comprehensive comparable sales for this specific configuration, a buyer should weigh the standard format against the potential for less desirable aspects or higher-than-expected strata fees. A thorough inspection and review of recent sales within the building for similar 1×1 units would clarify its market position.