11% RETURN at Perth Convention Centre Apartment

90/33 Mounts Bay Road, Perth, 6000

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11 AUDEst. Mortgage: AUD 0/monthFor Sale
  • Ownership Type Apartment
  • Property Area 0 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 31st Jan, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

If you are looking for an INVESTMENT with >11% gross and >7% NET RETURN with NO hassle, look no further.<br/><br/>This property is one of many that constitute the apartments at the Convention Centre in Perth, zoned exclusively for short stays and managed by international hotel operator, Adina.<br/><br/>As per the updated 20-year Hotel Management Agreement (HMA), Adina will take care of the management and upkeep of the property as well as the division and allocation of funds to owners on an ongoing basis.<br/><br/>This is a RARE opportunity to secure an investment property with a guaranteed base rental income.<br/><br/>Don’t miss out – contact Alyssa for more information.

Location on Google Map

90/33 Mounts Bay Road, Perth, 6000

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