Residence 302 at 12 Victoria Avenue presents a secure, low-maintenance investment in the heart of Perth's CBD. Part of the established All Suites serviced apartment portfolio and leased to Panache Hotel Group, the property generates approximately $22,412 per annum gross, offering structured and reliable income. With professional management in place and fixed lease arrangements, this is a genuine set-and-forget CBD investment.
The intelligently designed studio maximises space and functionality, featuring a modern kitchen with quality appliances, open-plan living, and a well-appointed bathroom. Large windows allow for abundant natural light, enhancing the sense of space and comfort.Ideally positioned just moments from St Georges Terrace, Elizabeth Quay and the Swan River, the property benefits from strong tenant demand driven by its prime inner-city location.
A rare opportunity to secure a high-yield, set-and-forget investment in a premium CBD setting.
Features and Rates (Estimated):
- Internal: 29sqm | Total: 29sqm
- Strata: $976.50pq (Admin) + $161.15pq (Reserve) | Council: $1,376.85pa | Water: $1,599.78pa
- Level 3
- 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 $22,412.00 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.
