702/305 Murray Street, Perth WA 6000

This securely leased studio apartment in the Mantra on Murray Hotel is a great investment for your portfolio. Consistent returns and minimal outgoings with NO council or water rates payable and only $22.81 per calendar month towards strata common areas.

- Council & Water Rates are paid by Mantra Hotel
- GROSS Rental Income of $17,285.64 PER ANNUM Less $273.72 in Costs P/A.
- NET ANNUAL Income $17,011.92
- SET, FORGET & GET PAID $ EVERY MONTH
- SOLD FURNISHED & EQUIPPED

THESE APARTMENTS ARE NOT AVAILABLE FOR PRIVATE USE

Features:
- Studio apartment fully furnished & equipped
- 33sqm internal living, level 7 location, best aspect North facing
- Reverse cycle air conditioned (Individual room control)
- Current lease to August 2023 with 3 further 5 year options
- 24 hour reception, daily housekeeping of the apartment
- The Hotel covers repairs and maintenance
- Central Perth CBD location, walking distance to everything in Perth city - shopping, dining and nightlife options
- Facing the stunning new $75 million Raine square development. Including 40 new retail options, food hall, Coles supermarket, Palace Cinemas, and convenient link to Northbridge. Free Cat bus stop adjacent.


For a Private inspection please call Tim Duffield on 0438 885 844