Property Details
90/33 Mounts Bay Road, PERTH WA 6000
SoldDescription
11% RETURN at Perth Convention Centre Apartment
Apartment Sold - PERTH WA
If you are looking for an INVESTMENT with >11% gross and >7% NET RETURN with NO hassle, look no further.
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.
As per the updated 15-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.
This is a RARE opportunity to secure an investment property with a guaranteed base rental income.
Don’t miss out – contact Alyssa for more information.