Reiwa Reiwa
509/201 Hay Street, East Perth WA 6004

509/201 Hay Street, East Perth WA 6004

Sold price: $255,000
Sold
Sold: 21 Feb 2023

2 Bedrooms

2 Bathrooms

Apartment

Contact the agent

Cherry Li

0400833706

Realestate 88


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

  • Air conditioned  

Cost breakdown

  • Council rates: $1,422 / year
  • Water rates: $1,945 / year
  • Strata fees: $594 / quarter

Nearby schools

Mercedes College Secondary Non-government 0.6km
Trinity College Combined Non-government 1.0km
St George's Anglican Grammar School Secondary Non-government 1.5km
Victoria Park Christian School Primary Non-government 2.1km
Highgate Primary School Primary Government 2.1km
Regent College Primary Non-government 2.2km
Victoria Park Primary School Primary Government 2.3km
Wesley College Combined Non-government 2.4km
Sacred Heart Primary School Primary Non-government 2.4km
St Columba's Catholic Primary School Primary Non-government 2.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4650564