Guaranteed returns from Panache Hotel Group - INVESTMENT ONLY PROPERTY (not possible to live in)

Long-term fixed lease until 2038, gross rent $2,710.60 per month (indexed yearly at 3%).
Approximately 5.7% net rental yield per annum (estimated).

Features and Rates (Estimated):
- Internal: 77sqm | Balcony: 4sqm | Total: 81sqm
- Strata: $1,791.82 per quarter | Council: $1,476.65pa | Water: $2,094.33pa
- Guaranteed rental income of $2,710.60 per month with yearly increase
- Level 6
- West Orientation
- Built: 1997
- Zoning: Short Term Residential (Strata)
- Council: City of Perth
- Total Strata Lots In Complex: 142
- Facilities: Pool and gym

Walking distance to fantastic amenities and attractions, including (Approximately):

- 42m to closest bus stop
- 130m to closest cafe - Deli Italia
- 170m to Post Office
- 62m to Carlton Fresh Supermarket
- 600m to Mercedes College
- 450m to Langley Park
- 500m to Queens Gardens
- 950m to Claisebrook Cove
- 1.2km to McIver train station
- 1.4km to Hay Street Mall
- 1.1km to Trinity College
- 1.5km to Matagarup Bridge over the Burswood
- 1.8km to Elizabeth Quay

Contact Exclusive Selling Agent Allen Ang on 0403 286 492 to arrange your inspection.

Disclaimer: Buyers are required to rely on their own research and complete due diligence prior to purchasing. All rates, sizes and distances are estimated and subject to change at all times without notice.

Features