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Back 102/33 Mounts Bay Road
Off Market

102/33 Mounts Bay Road

Perth WA 6000

1
1
Apartment
Alyssa BayAlyssa Bay, last sold this property on 23 July 2025 after 635 days on market.

Overview

Excellent Investment Opportunity! Approx 6% NET RETURN p/y

*******INVESTORS ONLY: INVESTMENT SUMMARY:******* If you are looking for an EXCELLENT INVESTMENT that will provide you approx a 6% NET RETURN and NO hassle, look no further. This property is one of many that constitute the fantastic serviced apartments at the Convention Centre in Perth. With an unbeatable location, this unit is within a few hundred metres from Elizabeth Quay, Perth CBD, bus stops, and the gorgeous Swan River. The properties are zoned exclusively for short stays and are managed by international hotel operator, Adina Hotel Group. As per the updated 15-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 AS WELL AS a percentage of Adina's profits. These properties perfectly suit investors who are looking for a high yield, cashflow-generating investment that will continue to produce income for the owner for years to come. Note, this is strictly for investors and does not suit owner occupiers. ***************************** THIS PROPERTY IS PRICED TO SELL! Don’t miss out – contact Alyssa for more information at alyssa@perth.prd.com.au. *****************************

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Perth over the last 12 months, the estimated median property value of 102/33 Mounts Bay Road is $504k.

Median value
$504k
Estimated value range
$190k - $777k
Median days on market
16
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Perth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 102/33 Mounts Bay Road

2025
Sold
Undisclosed
23 Jul 2025 by Alyssa Bay, of PRD Project Marketing - WA
2013
Sold
06 Dec 2013 by Jason Stanley, of Harcourts Central

Happy sellers in Perth

92%
92% of sellers in Perth reported that their sale price either exceeded or met their price expectations.

Perth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 112 reviews in Perth over the last 12 months.

Local market activity for 1 bedroom apartments in Perth

In the last 12 months, 184 one-bedroom apartments similar to 102/33 Mounts Bay Road, have been sold.

This represents a 44% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Perth

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Shuai Pei

Shuai Pei is a recommended agent for Perth.  They have 3 local sales and collected 32 local reviews across the last 12 months.

  •   5   (34 reviews)
  •  32 Reviews in Perth
  •  3 Sales in Perth
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Brendon Habak

Sellers who recommend Brendon Habak have praised them for being local expert, clear communication, reliable, responsive, great negotiation, well-prepared and honest

  •   4.9   (185 reviews)
  •  10 Reviews in Perth
  •  22 Sales in Perth
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Ivan Tang

Ivan Tang is a recommended agent for Perth.  They have 9 local sales and collected 8 local reviews across the last 12 months.

  •   5   (18 reviews)
  •  8 Reviews in Perth
  •  9 Sales in Perth
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Claude Iaconi

Sellers who recommend Claude Iaconi have praised them for being local expert, clear communication, supportive, responsive, friendly, reliable and honest

  •   4.9   (380 reviews)
  •  9 Reviews in Perth
  •  12 Sales in Perth
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