East Perth 611/201 Hay Street

Century 21 River Residential are pleased to offer this fully furnished two-bedroom serviced apartment for sale. This apartment is located within the Mantra on Hay; a development which offers a hassle-free investment opportunity.

This apartment is securely leased to Panache Hotel Group for 3 years starting 1/7/2023. Income from 01/07/2023 is $29,820.00 per annum ex GST. The rent is payable monthly in advance with 3% increases per annum. There are 2 lease option periods available of three years each.

There is a Furniture, Fittings, and Equipment Reserve levy equivalent to 5% of lease payments for the upkeep of the lessors' furniture and chattels.

From the moment you step inside, you'll appreciate the modern design throughout. The apartment features two spacious bedroom's with a built-in wardrobe's, two contemporary bathroom's, internal laundry with a washing machine and dryer, reverse cycle air conditioning and a generous lounge room and balcony area that's perfect for relaxing.

This apartment makes the perfect investment as everything as your occupants will find everything they need right on their doorstep and it's just a short walk to public transport, making getting around and exploring a breeze.

RATES INFORMATION:
Council Rates (City of Perth) - $1426.20 pa
Water Service Charges (Rates) - $2,094.36 pa
Strata Levies (Admin and Reserve) - $1,917.00 pq (Admin - $831.59 pq / Reserve - $1,085.41 pq)

ABOUT THE HOTEL
Mantra on Hay is conveniently located on the eastern side of Perth's CBD, perfect for business and leisure travelers alike.

Guest Services:
-24-hour reception
-Complimentary WIFI in the lobby
-Safety deposit boxes
-Tour Desk
-Multilingual staff
-Disabled facilities
-Wedding facilities
-Housekeeping

Leisure Facilities:
-Indoor heated pool
-Fitness Equipment

Dining and Entertainment:
-Cornerstone Bar & Kitchen
-Room service

Business Facilities:
-Meeting rooms
-Conference facilities

Contact Justine Barron now for further information and to arrange your private inspection. This property will not last long!

Disclaimer: The information in this advertisement has been provided by reliable external sources. We do not accept any responsibility to any person for its accuracy. All interested parties should undertake their own due diligence in order to determine the accuracy of this information.

Property Information

• Land area approx 81sqm
• Floor area approx 77sqm

Property Features

• Air Conditioning
• Car Spaces 1