2-11/305 Murray Street Mall Perth, 6000 WA
Sold by Liesa Leddick!!!
Century 21 River Residential is proud to present this amazing studio apartment located in the Mantra on Murray in the heart of Perth - a perfect investment which will just sit there and bring you in money every. single. month.
With a return of over 6.5% on the net rent AFTER expenses, this is a golden opportunity for any investor who wants minimal costs and maximum returns. Tellingly, the seller has owned it for 15 years, earning a passive income off this property and the only reason he is selling is to buy his dream retirement home.
Built in 2003, this 39m2 (approx) studio apartment in the hotel is leased by Mantra on Murray, and one of the largest hotel suite apartments in the building with an above average rent return and minimal owner outgoings. The apartment is on a 5 year lease with options.
Mantra on Murray has been offering travellers and tourists alike, an excellent level of accommodation in an exceptionally well maintained building for nearly 20 years and has one of the highest occupancy rates of any hotel in Perth with a clientele comprising approximately 70% business guests and 30% leisure guests.
Sold
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Liesa Leddick