201/875 Wellington Street, West Perth WA 6005

Rarely do these amazing inner city apartments come on the market. The property is leased by 'City Stay Apartment Hotel' until June 2015. Lessee has advised that he will submit a proposal for further long term ongoing management.

Apartment is a very generous size with 2 bedrooms 1 bath, lounge, TV, kitchen, internal laundry and reverse cycle air conditioning.
Complex has security, sparkling pool, spa, function/lounge room, in-house restaurant, mini store and internet booths.

Hotel looks after all the communal facilities as well as cleaning rooms, changing/washing linen, staff, bookings, guest check in/check out.

No management fees!

Ample parking for approx. 60 vehicles.

This property offers a good solid return on your investment in this great location, close to Harbour Town, trains, buses, restaurants and the City Center.

This apartment offers excellent value for the astute investor as the apartment generates a hassle free monthly income!

Monthly Rental Income $953.98
Jan - Mar 2014 Turnover Profit $1060.69

For more information or if you would like a free no obligation market appraisal on your property please phone Yadi Gibson on 0407 910 499