Sold April 2019

722/305 Murray Street Perth 6000 WA

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IDEAL PERTH CBD INVESTMENT

- 6.29% NET RETURN
- HEART OF CBD LOCATION
- SECURELY LEASED INVESTMENT

This recently refurbished serviced studio apartment in the Mantra on Murray Hotel is a perfect investment for your portfolio. Consistent returns and minimal outgoings with No council or water rates payable and only a small charge of $22.38 per calendar month towards strata fees. This property is one of the most reliable investment options in the city. Located centrally in the heart of Perth CBD in Murray Street and adjacent to Raine Square. - Here is your opportunity to purchase this worry-free investment.

• Guaranteed net return of $1,390.47 per month
• Annual net return of $16,685.64
• Council & Water Rates all paid for by Mantra Hotel
• Located on level 7 South facing aspect
• Fully furnished and equipped studio apartment
. The Hotel covers all repairs & maintenance
• Ducted reverse cycle air-conditioning
• Leased for 5 years with a further 2 X 5 year options, rent reviews each 2 years
• Property meticulously maintained and kept to a high standard by Mantra Management
• Central Perth CBD location, walking distance to shopping, dining and nightlife options, as well as 5 minutes to Yagan Square and Northbridge.
• Exciting $75 million redevelopment of Raine Square (adjacent). Including 40 new retail options, Coles, Palace 12 Cinema complex and FREE CAT service bus stop opposite the main entry of the Hotel. Inspection by Appointment Only

THIS IS FOR INVESTORS ONLY & NOT FOR RESIDENTIAL USE

Strata Fees: $67 per quarter
NO Council or Water Rates

Call Brent Morfesse 0419 900 747

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Mack Hall Real Estate - Claremont

35 Gugeri Street
Claremont WA, 6010
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Mack Hall Real Estate - Claremont

35 Gugeri Street
Claremont WA, 6010

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