SoldNov 8, 2018

726/305 Murray St, Perth, WA, 6000

$288,000

1
1

Apartment

30+ days on the market

Sold: Nov 8, 2018

What's around 726/305 Murray St

6.56% NET YIELD and LONG TERM LEASE

No need to worry about the rent again, its paid every month by the Mantra Hotel Contact the agent to arrange an appointment. 726/305 Murray Street Perth NOTHING FOR YOU TO DO HERE, JUST COLLECT THE RENT - CBD INVESTMENT - 6.56% NET YIELD! - HEART OF CBD LOCATION - Only expense is $27.75 per calendar month This outstanding investment you don't have to worry about any Vacancy factor, The Mantra Hotel is your tenant. A stylish serviced apartment is the perfect investment for your portfolio. Consistent returns and minimal outgoings means this property is one of the most reliable investment options in the city. Located centrally in the heart of Murray Street and adjacent to the $75 million redevelopment of Raine Square - now is the perfect time to purchase this worry-free investment. CURRENT NET RETURN • $1,724.49 per month • $20,693.88 per year BENEFITS: • No Council & WATER Rates - paid for by Mantra Hotel • Fully Furnished and equipped 1 bedroom apartment • Level 7 location • Ducted reverse cycle air-conditioning • 24 hour reception . The Hotel covers all repairs and maintenance • Property is well maintained and kept to a high standard & cleanliness • Central Perth CBD location, walking distance to all CBD shopping, dining and nightlife options, as well as a short walk into Yagan Square & Northbridge. . Leased for 5 years with a further 4 X 5 year options, regular rent reviews Call Brent Morfesse 0419 900 747 - The Mantra Sales Specialist

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Buyer's review

almost 7 years ago

Highly professional

My dealing with Brent was easy and highly professional. He is well informed of the market and gives great advices . I have no hesitation recommending Brent as an agent.

B
Buyer

Seller's review

almost 7 years ago

Communication

very knowledgeable and outspoken person.

S
Seller

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