PRICED FOR IMMEDIATE SALE!
Be quick to secure this outstanding value apartment just steps from the iconic Scarborough Beach foreshore.
Offering a highly desirable dual-key configuration with 2 bedrooms, 2 bathrooms, private balcony, and secure car parking, this versatile investment opportunity wont last long,
Our vendor instructions are clear! SELL THIS WEEKEND. CALL MANDY FOUNTAIN ON 0408 10 30 10 TO SUBMIT AN OFFER.
Property Features
Dual-key apartment configuration
2 Bedrooms, 2 Bathrooms
Secure car space, Spacious balconies
Full kitchen and second kitchenette.
Strong long-term lease in place
83m2 Internal
14m2 Balconies
Total: 112m2 including car park
Investment Details:
Current Rent (from June 2026):
$2,687.28 per month = $32,247 per annum
Rental Increases
May 2027 +4% = $33,536 p.a. 6.46% gross return
May 2028 +4% = $34,878 p.a. 6.72% gross return
May 2029 +4% = $36,273 p.a. 6.99% gross return
May 2030: Market review
Lease Details
Leased until: 18/05/2030
Plus 5 x 5-year options
Annual rental increases of 4%
Estimated Returns:
6.21% Gross Return 6.04% Net Return
Outgoings
Council Rates: Paid by hotel tenant
Water Rates: Paid by hotel tenant
Owners Corporation Maintenance Levy: $872 per annum
Owners Corporation Admin Levy: Paid by hotel tenant
A rare investment where the tenant covers council rates, water rates, and owners corporation administration levies.
Prime Scarborough Location
Positioned only 250 metres from Scarborough Beach, Quest Scarborough offers convenient access to some of Perth's most popular lifestyle destinations,
Please note: Images may be generic to building as there is a long term guest occupying.
Call Mandy Fountain on 0408 10 30 10 to discuss in more detail.
Disclaimer. This information is provided for general purposes only and does not constitute legal, financial, or investment advice. Prospective purchasers should seek independent professional advice to determine suitability.
All information has been supplied by vendors or third parties. Outgoings are provided as at the date of sale but may change without notice or the agents knowledge. No warranty is given as to the accuracy or completeness of the information, and no liability is accepted.
Interested parties must conduct their own due diligence and rely on their own enquiries.
