In addition to Unit 427, the following fully leased strata hotel units within the Oaks Perth Hotel are also available for purchase:
- Lot 142 / 604
- Lot 154 / 616
- Lot 14 / 114
These lots offer similar strong rental performance, long term lease security, and benefit from the same recent hotel upgrades, including new air conditioning units, bedding, and furniture - improvements that have driven rent increases in the past six months more than $2,600+ for smaller units, and larger units $3,700 and $4,600.
- Fully leased strata freehold unit in Oaks Perth Hotel
- 10 year lease from 18/08/2023 to 17/08/2033
- 3 × 10 year options to 2063
- Gross income last year: $20,841.33 p.a. (incl. variable outgoings top up)
- National tenant: Oaks Hotels & Resorts Limited
- Recent hotel upgrades driving stronger rental performance
o Over the past 6 months, Oaks Perth has completed upgrades including new air conditioning units, bedding, and furniture
o These improvements have resulted in rent increases in the past six months more than $2.600 for smaller units, larger units $3,700 and $4,600.
o Enhances long term income stability and tenant appeal
Property features include
- Internal area: 31sqm
- Built: 2003
- Zoning: Short Term Residential
- Council: City of Perth
- Total strata lots: 252
Hotel Facilities feature
- 24 hour reception & lobby
- Onsite restaurant & bar
- Boutique retail on ground floor
- Guest laundry
- Conference & meeting rooms
Murray Street is all about convenience and lifestyle right in the heart of Perth. Set in a central CBD pocket, you're moments from cafes, bars, shopping and everyday essentials, with easy access to public transport for a smooth commute in any direction.
Legal Particulars
- Council rates: $1,319.70 p.a.
- Water rates: $1,096.24 p.a.
- Strata admin: $454.81/qtr
- Strata reserve: $161.03/qtr
Please note strata fees vary with each unit.
For further details or to arrange a private inspection, please contact Rob Thomas on 0497 906 988. Text or email welcome.
