Great yield at around 6.9% net return. No council or water rates, with strata paid for by Mantra Group, the largest Australian based hotel and resort operator across Australia, NZ and south East Asia, with over $7B assets under management.
Mantra On Murray is a highly sought after serviced apartment investment. (non-residential) Located at 305 Murray Street Perth, situated approximately 200m west of the Murray Street Mall, these apartments are in high demand.
Guaranteed monthly return
No council or water rates, and main strata paid by Mantra
Leased for a further 5 years with options through to 2043
Marketing and leasing fully managed by Mantra Group
The hotel covers repairs, upkeep and maintenance
Minimal strata payment of around $60.00 per quarter for common areas
A city with fabulous growth projections for tourism and resource based population growth
Murray Street rail station and free central area transit public transport on doorstep
12km to airport
Crown Casino and Perth's best beaches a short distance away
Contemporary 305 Bar and Restaurant
High Street shopping, bars and restaurants within a few minutes' walk
Executive suite, with kitchen living, and separate bathroom.
Income is not linked to occupancy
Spacious 40m2 apartment, fully furnished, fully serviced
Hairdryer, iron and ironing board
Modem and facsimile lines
ISD/STD direct dial phones
Individually controlled air-conditioning
Cable TV and pay movies
Mini bar, tea and coffee making facilities
24 hrs reception
Call Tim Duffield for further details on 0438 885 844.
Floor Area: 40sqm