Reiwa Reiwa
137/33 Mounts Bay Road, Perth WA 6000

137/33 Mounts Bay Road, Perth WA 6000

Sold price: $343,000
Sold
Sold: 05 Apr 2024

1 Bedroom

1 Bathroom

Landsize 79m2

Apartment

Contact the agent

Alyssa Bay

0434929941

PRD Real Estate Perth


Investment with Guaranteed Rent: >10% Gross per year, $24,000 for YOUR Pocket

*******INVESTMENT SUMMARY:*******

If you are looking for an INVESTMENT with a 7% NET RETURN and NO hassle, look no further.

This property is one of many that constitute the apartments at the Convention Centre in Perth, zoned exclusively for short stays and managed by international hotel operator, Adina.

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.

Don’t miss out – contact Alyssa for more information.

Nearby schools

St George's Anglican Grammar School Secondary Non-government 0.5km
Mercedes College Secondary Non-government 1.4km
Perth Modern School Secondary Government 1.9km
Highgate Primary School Primary Government 2.2km
Bob Hawke College Secondary Government 2.3km
School Of Isolated And Distance Education Combined Distance 2.5km
St Columba's Catholic Primary School Primary Non-government 2.6km
Sacred Heart Primary School Primary Non-government 2.6km
West Leederville Primary School Primary Government 2.6km
South Perth Primary School Primary Government 2.8km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4671148