Property Details
52/33 Mounts Bay Road, PERTH WA 6000
SoldDescription
UNIQUE INVESTMENT OPPORTUNITY: Adina Apartments, Convention Centre
Apartment Sold - PERTH WA
If you are looking for an INVESTMENT with a 7% NET RETURN and 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 20-year Hotel Management Agreement (HMA) that was signed on 28/11/22, 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.