This is a unit on a parcel in Perth WA. It has an estimated value of $280,000. In the council area Perth, with 1 bedroom and 1 bathroom.
HIGH RENTAL YIELD INVESTMENT - 7.16% RETURN INVESTORS ONLYShort stay accommodation with national tenant: Mantra Hotel. Do the numbers and call me to discuss high rent yield here. You don't pay any Council or Waters rates here, its paid by the Mantra Hotel.Excellent opportunity for a clever investor to secure a good rent return. Ideal for a SMSF as you can set and forget here and enjoy the high returns with Nothing To Do but collect the rent every month.The current lease with Mantra Hotel Group has 3 X 5 year options with annual rental increases built in. Hotel management pays repairs and most of the outgoings. You have no concerns as its rented 52 weeks a year. NO VACANCY FACTOR 1 bedroom 1 bathroom A fully furnished apartment of 39sqm on Level 1 Great central city location opposite shopping centre & food hall A National Corporate Tenant for you Rent paid monthly No Vacancy factor Rental Income $24,152.64 per annum Enjoy Positive Rental Income hereTHIS IS NOT FOR RESIDENTIAL USE, YOU CANNOT LIVE IN THIS APARTMENTInspection by Appointment only Contact Brent Morfesse 0419 900 747