Description

Great location and fantastic street view from this north facing position overlooking Raine Square shopping and entertaining precinct, Louis Vuitton and soon to open brand new Gucci store.

This self-contained apartment is a secure investment with immediate and constant income under a 10 year lease that commenced August 2023 and due for renewal 17 August 2033 with options of three (3) further terms of 10 years.

Currently leased to Oaks Perth Hotel, part of an Australian wide Oaks Hotels & Resorts group. Located within walking distance to the city central business district, shopping precincts, restaurants, free cat bus, underground train station, and entertainment options making it highly desirable for potential tenants.

FEATURES
- Located on level 5
- North facing with views
- 37sqm internal living serviced apartment
- Furnished and self-equipped
- Reverse cycle air-conditioning

Base Annual Rent $20,356.51
Plus Landlord Outgoings Credit $3,000 p/a

OUTGOINGS
- Strata $831.05 per quarter
- Council $326.70 per quarter
- Water $260.14 bi-monthly payments

For further information contact Tim Duffield today on 0438 885 844


Features

  • Airconditioning
  • Pay TV