421/201 Hay Street, East Perth WA 6004

SECURELY LEASED TO MANTRA HOTEL GROUP. 5.87% RENTAL YIELD
THIS IS AN INVESTMENT ONLY AND NOT AVAILABLE FOR RESDIENTIAL USE
INSPECTION IS ONLY BY APPOINTMENT. Gross Rent $31,548 PA Net Rental Yield of 5.87%
Secure Lease in place with a further term of 5 years + 5 year option.
Perfectly positioned on the pivotal corner of Hay & Bennett Streets East Perth. The Mantra Hotel have a long term lease over the entire building. Here is the opportunity for a smart investor to purchase this fabulous 2 bedroom 2 bathroom fully furnished apartment with a North facing aspect is located on Level 4.

2 bedroom 2 bathroom, 79m2 of living area + 7m2 of balcony
Fully Furnished & equipped, Excellent presentation
Pool & gym facilities on level 8, Cafe & bar on the ground floor
Perfect investment dont worry about the rent, its paid monthly. No vacancy factor
Council Rates: $1898.33 PA Water Rates: $1609.89 PA Strata Fees: $510.15 per qrtr
Reserve Fund: $67.40 per qrtr Chattels Fund: $210.32 PA Net Rent: 23,205.74 PA
Contact Brent Morfesse 9429 5741 or 0419 900 747
The Mantra apartment selling specialist