302/112 Mounts Bay Road, Perth WA 6000

Rare Investment Opportunity: 2-Bedroom Short-Stay Apartment in Perth CBD

This well-maintained 2-bedroom, 1-bathroom apartment is a perfect investment opportunity, ideally zoned for ‘Short Term Residential (Serviced Apartments)’. Whether you're looking to enter the lucrative short-stay market through platforms like AirBnB or take advantage of its current management by Nesuto Hotel, this property offers flexibility without the need for council or strata approval for short-term stays, ensuring a hands-off experience for owners.

The apartment features spacious bedrooms, a modern bathroom, an internal laundry with a washer and dryer, and the added bonus of two car bays—offering maximum convenience for guests. Located near Perth CBD, it provides easy access to shopping, dining, and entertainment options, making it highly attractive to short-stay visitors.

Additionally, it can be converted for long-term residential use by the owner, pending a change of usage approval through the City of Perth (*subject to approval). The high demand for short stay apartments in this area ensures steady rental returns and potential capital growth, an opportunity not to be missed if you're a savvy investor!

Features and Rates (Estimated):
- Internal: 69sqm | Balcony: 6sqm | Cars: 29sqm | Total: 104sqm
- Strata: $1,628pq (Admin) + $209pq (Reserve) | Council: $1,795pa | Water: $1,561pa
- Level 3
- Orientation: North West
- Built: 1998
- Zoning: Short Term Residential (Strata)
- Council: City of Perth
- Large, tiled bathroom with bath/shower
- Air conditioning
- Internal laundry
- Currently leased in Nesuto Hotel until February 2025 at $450.45/ week
- Secure complex with remote access and keyless entry front door
- Complex pool, gym and tennis facilities

Mounts Bay Road is a gem in the City of Perth nestled between the prestigious suburbs of West Perth and Perth's bustling CBD. The area is well serviced with nearby amenities including:

- Approx. 100m to Jacobs Ladder and nearest cafe
- Approx. 200m to Bus stop
- Approx. 500m to Swan River cycle ways
- Approx. 800m to the doorstep of Kings Park
- Approx. 1.0km to Elizabeth Quay
- UberEats available at the address

Contact Exclusive Selling Agents Brendon Habak on 0423 200 400 and Kennie Chung on 0433 573 307 to arrange your inspection.

Disclaimer: The properties current approved use is Short Term Residential (Serviced Apartments)'. All distances are estimations obtained from Google Maps. All sizes of the property are estimated and buyers should rely on their own measurements when onsite. All outgoings/rates are estimates and subject to change at all times without notice.