Reiwa Reiwa
87/33 Mounts Bay Road, Perth WA 6000

87/33 Mounts Bay Road, Perth WA 6000

Sold price: $252,000
Sold
Sold: 25 Jun 2025

1 Bedroom

1 Bathroom

1 Car

Apartment

Contact the agent

Alyssa Bay

0434929941

PRD Real Estate Perth


INVESTMENT OPPORTUNITY

Looking for a RELIABLE, HANDS-OFF INVESTMENT? This is your chance to secure a high-performing asset in one of Perth’s most strategic locations.

Located in the Adina-serviced apartment complex at the Perth Convention Centre, this unit is part of a professionally managed short-stay portfolio that sits just a short stroll from Elizabeth Quay, the CBD, Swan River, and public transport. The location alone makes it a consistently in-demand destination for travellers and corporate guests alike.

The unit is governed by a 15-year Hotel Management Agreement (HMA), updated and signed on 28/11/22, with the Adina Hotel Group—a reputable international operator. Under this agreement, Adina handles everything from bookings and maintenance to profit distribution, ensuring owners enjoy a passive, hassle-free income stream.

What sets this apart? As the owner, you benefit from:

Guaranteed base rental income, and

A share of Adina's operating profits, boosting your total returns.

This is an ideal option for investors seeking long-term yield, stable returns, and zero day-to-day involvement. It is NOT suitable for owner occupiers, as the zoning is exclusively for short-stay accommodation.

THIS UNIT IS COMPETITIVELY PRICED AND WON’T LAST LONG!

For further details or to request a full investment breakdown, contact Alyssa at:
?? [email protected]

Property features

  • Carports 1

Nearby schools

St George's Anglican Grammar School Secondary Non-government 0.4km
Mercedes College Secondary Non-government 1.3km
Perth Modern School Secondary Government 2.0km
Highgate Primary School Primary Government 2.1km
Bob Hawke College Secondary Government 2.3km
School Of Isolated And Distance Education Combined Distance 2.5km
Sacred Heart Primary School Primary Non-government 2.5km
St Columba's Catholic Primary School Primary Non-government 2.6km
West Leederville Primary School Primary Government 2.6km
North Perth Primary School Primary Government 2.8km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4933837