626/305 Murray Street, Perth WA 6000

PASSIVE INCOME INVESTMENT - 7.65% NET RETURN

- GUARANTEED 7.65% NET RETURN (BASED ON ASKING PRICE)
- HEART OF CBD LOCATION
- LOW OUTGOINGS
- VIEWING BY PRIVATE APPOINTMENT ONLY - CONTACT DAN 0412 832 945

**Please note that owners cannot live in this property**

Walking distance to both bus and train stations, countless social options, and being sold fully furnished and equipped, this studio property is designed for maximum efficiency, style and comfort. With an extraordinary amount of development occurring in the CBD, including the adjacent $75 Million upgrade of Raine Square, this property is ideal for anyone chasing a solid investment.

Featuring a queen bed and spacious living area, this property offers business travellers or couples plenty of space to relax. Built-in furniture like extensive wardrobes, drawers and even a study nook means everything is already in place. The super sleek kitchen boasts great amounts of storage and modern stainless-steel appliances. The contemporary, low-maintenance bathroom comes with ample storage, shelf and bench space, a cool angled shower screen and even a bath to relax in.

Perfectly positioned among the bars, restaurants and social options of the CBD. Across the street to Raine Square with Coles, food court, cinema, Northbridge link and 40 other retail stores.

[Due to the Covid19 pandemic, rental returns were withheld for a period and now are being paid back to owners in-lieu. Below states the adjusted rental amounts]

NET RETURNS (until 1/12/2022)
• $1,975.62 per month
• $23,707.44 per year

NET RETURNS (post 1/12/2022)
• $1,782.45 per month
• $21,056.40 per year

Lease Details:
• Lease expiry 17/08/2023
• 4 x 5 year options remain with the Mantra Hotel
• Water & Council Rates paid for by Mantra Hotel
• Outgoing of $27.75 for strata levy
• Lease agreement available on request

Details:
• Located on level 6
• 44sqm internal living area
• Fully furnished and self-equipped
• Ducted reverse cycle air-conditioning
• 24 hour reception
• Daily housekeeping
• Property meticulously maintained and kept to a high standard & cleanliness

Distances:
• Approx. 250m to Perth Train Station
• Approx. 500m to Woolworths
• Approx. 500m to Northbridge
• Approx. 600m to Elizabeth Quay Bus Station
• Approx. 650m to Perth Arena
• Approx. 750m to Royal Perth Hospital

Call Dan Sharp on 0412 832 945 for more information