102/33 Mounts Bay Road, Perth WA 6000

PRICED TO SELL! Investment w/ ~6% NET Return

1 beds

1 baths

Excellent Investment Opportunity! Approx 6% NET RETURN p/y

*******INVESTORS ONLY: INVESTMENT SUMMARY:*******

If you are looking for an EXCELLENT INVESTMENT that will provide you approx a 6% NET RETURN and NO hassle, look no further.

This property is one of many that constitute the fantastic serviced apartments at the Convention Centre in Perth. With an unbeatable location, this unit is within a few hundred metres from Elizabeth Quay, Perth CBD, bus stops, and the gorgeous Swan River.

The properties are zoned exclusively for short stays and are managed by international hotel operator, Adina Hotel Group.

As per the updated 15-year Hotel Management Agreement (HMA) that was signed on 28/11/22, Adina will take care of the management and upkeep of the property as well as the division and allocation of funds to owners on an ongoing basis.

This is a RARE opportunity to secure an investment property with a guaranteed base rental income AS WELL AS a percentage of Adina's profits.

These properties perfectly suit investors who are looking for a high yield, cashflow-generating investment that will continue to produce income for the owner for years to come.

Note, this is strictly for investors and does not suit owner occupiers.

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THIS PROPERTY IS PRICED TO SELL!

Don’t miss out – contact Alyssa for more information at alyssa@perth.prd.com.au.

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Property Details

• Type: Apartment
• Bedrooms: 1
• Bathrooms: 1

Features

• Air Conditioning
• Balcony
• Reverse Cycle Air Con
• Split System Heating

• Other features: 0