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PERFECT INVESTMENT - VIEW BY APPOINTMENT
SECURELY LEASED TO MANTRA HOTEL GROUP - HASSLE-FREE INVESTMENT
INVESTMENT ONLY - NOT AVAILABLE FOR RESIDENTIAL USE.
LOW STRATA FEE
Gross Rent: $21,068 per annum.
Secure Lease in place until 1 July 2023
Perfectly positioned on the pivotal corner of Hay and Bennett Streets in East Perth. The Mantra Hotel have a lease over the entire building. Here is the opportunity for a smart investor to secure this fabulous 2 bedroom, 2 bathroom, fully furnished apartment with a stunning city skyline located on Level 5.
The condition of the apartment once the lease is up would be absolutely great. You will have the options to re-lease it out or just simple self manage this 2 bedroom apartment. Short walk to cafe strips, fantastic new dining restaurants, endless shopping and so much more. Sit back and watch someone else look after your investment property.
FEATURES INCLUDE:
* Large 2 Bedroom 2 Bathroom on level 4,
* Fully Furnished and equipped
* Balcony with spectacular city skyline and Swan River glimpses
* Reverse-cycle air-conditioner in the living area and bedrooms
* Excellent presentation
* Pool and gym facilities on Level 8
* Cafe and bar on Ground Floor
* Perfect investment! Don't worry about the rent; it's paid monthly. No vacancy factor until 30 June 2023!
* Internal: 77sqm, Balcony: 7sqm, Total strata size: 81sqm
* Council Rates: $1,422/y
* Water Rates: $1945/y
* Strata Fees: $594/q incl. reserve fund
Contact Cherry Li 0400 833 706 today to arrange your private inspection.
NEARBY AMENITIES:
-20m to closest bus stop
-250m to Grosvenor Hotel
-500m to Langley Park
-1km to Claisebrook Cove
-1km to The Royal on the Waterfront
-1km to Hay Street Shopping Mall
-1.5kms to Elizabeth Quay
-1.7km to Matagurup Bridge
-1.8kms to Yagan Square
-2km to Optus Stadium and The Camfield
-2.8kms to Kings Park
-3.2km To Burswood Entertainment Centre
DISCLAIMER: All distances are approximate and provided by google maps. All distances of the property to nearby amenities are estimates and buyers should rely on their own measurements.
Property features
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Air conditioned
Property snapshot by reiwa.com
This property at 509/201 Hay Street, East Perth is a two bedroom, two bathroom apartment sold by Cherry Li at Realestate 88 on 21 Feb 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Council rates: $1,422 / year
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Water rates: $1,945 / year
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Strata fees: $594 / quarter
Nearby schools
East Perth overview
A tranquil waterside village, East Perth is situated less than two kilometres from the Perth city hub. Admired for its beautiful residential landscapes, the idyllic riverside suburb has long since set the benchmark for inner-city living. East Perth provides a bustling urban lifestyle against a picturesque backdrop.
Life in East Perth
There are eateries, sporting venues, pubs and evening venues all accessible within East Perth. The iconic Royal Street is home to some of the best brunch spots in Perth and there is The Royal on The Waterfront, a much loved pub, restaurant and cocktail bar. The WACA, the home of cricket in Western Australia, is also a feature of the suburb and hosts some of the biggest games in cricket every year. Other notable mentions include the Perth Mint, Claisebrook Cove and City Farm.
East Perth quick stats
High end
$2.3m
Median
$1.6m
Low end
$1.2m
16.8 %
Annual growth
$1.6m
Annual median sales price
$650pw
Annual median rental price
