102/33 Mounts Bay Rd, Perth, WA 6000 | Apartment for sale | OnTheHouse
 
FOR SALE
Offers from $220,000

Mounts Bay Road
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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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!
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Property Details for 102/33 Mounts Bay Rd, Perth

102/33 Mounts Bay Rd, Perth is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with PRD Perth Real Estate .

Building Type
Apartment
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,089 properties. Over the last 5 years, Houses in Perth have seen a 58.72% increase in median value, while Units have seen a 56.21% increase. As at 31 December 2025:

  • The median value for Houses in Perth is $1,333,731 while the median value for Units is $630,704.
  • Houses have a median rent of $850 while Units have a median rent of $730.
There are currently 136 properties listed for sale, and 74 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 854 properties were sold in the past 12 months in Perth.

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