1002/12 Victoria Avenue

Perth WA 6000

68 m²

Apartment

Currently for sale - view listing

Overview

Level 10 CBD Investment with Fixed Lease Income

Positioned moments from St Georges Terrace, Unit 1002 at 12 Victoria Avenue presents a secure, low-maintenance investment within the established All Suites serviced apartment complex. Leased to Panache Hotel Group, the property generates approximately $34,000 per annum gross, delivering a structured and reliable income stream under professional hotel management. With fixed lease arrangements in place, this is a genuine set-and-forget CBD investment.The well-appointed 68sqm layout features a bedroom, flexible living area with integrated pull-out bed, split system air conditioning, and a private balcony. Ideally located in one of Perth's most tightly held CBD precincts, this opportunity is available individually or as part of a multi-unit portfolio. Features and Rates (Estimated): - Internal: 60sqm | Balcony: 8sqm | Total: 68sqm - Strata: $2,100pq (Admin) + $346.50pq (Reserve) | Council: $1,376.85pa | Water: $2,094.33pa - Level 10 - Orientation: North, West - Built: 1900 - Zoning: Short Stay (Strata) - Council: City of Perth - Total Strata Lots In Complex: 79 - Fixed Long term lease to Panache Hotel Group with current income of $34,000.00 per annum gross Walking distance to fantastic amenities and attractions, including (Approximately): - 89m to West Australian Symphony Orchestra - 150m to closest café - 190m to closest free CAT bus stop - 290m to Royal Perth Hospital - 400m to The Perth Mint - 650m to Carlton Centre - 750m to Rise Supermarket - 750m to Hay Street Mall - 800m to London Court - 850m to Plaza Arcade - 850m to Langley Park - 950m to Wellington Square - 1.1km to Elizabeth Quay - 1.2km to Queens Gardens Contact Exclusive Selling Agent Brendon Habak on 0423 200 400 and Mievez Narayan on 0420 821 869 to arrange your inspection. Disclaimer: Buyers are required to rely on their own research and complete due diligence prior to purchasing. All rates, sizes and distances are estimated and subject to change at all times without notice.