NEW LOW PRICE - 6% NET RETURN ON HOTEL APARTMENT

Description

If you are in the market for a 'hands free'' investment then take a look at this two bedroom two bathroom apartment in the Mantra on Hay Hotel in the city. This is a hotel apartment only and can only be used by the hotel and the owner cannot live in it. The hotel does all the management and all the bill paying. Perfect for the busy professional, the fly in fly out worker or for the off shore investors. Owners can get a discounted rate for two weeks' accommodation but conditions apply.

The apartment has just been recently refurbished.
When all costs are taken into account, the net return on investment is 6%

The features of this apartment include:-
- Large open plan living area with sitting area, dining table and a good sized kitchen
- Two spacious bedrooms and two lovely modern bathrooms
- Own laundry and safe
- Large balcony with Swan River glimpses
- The hotel amenities include indoor heated pool, gym, restaurant, bar and a 24 hour reception

The Mantra is conveniently located 1.5 kilometres from the Perth CBD and the train station, and a short stroll to river foreshore. The domestic airport is just 10 kilometre away and the international airport is 17 kilometres.

Get a feel for the Mantra on Hay hotel by visiting their website www.mantra.com.au

Phone for further information or to arrange an inspection.

Rates
Shire: $1380.00 per annum
Water: $1100.00 per annum