43/33 Mounts Bay Rd, Perth, WA 6000 | Apartment for sale | OnTheHouse
 
FOR SALE
$245,000

Mounts Bay Road
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Set & Forget Investment with Approx 11% Gross Return

*******INVESTMENT SUMMARY:*******
If you are looking for an INVESTMENT with >11%* gross and >6%* NET RETURN and NO hassle, look no further.
This property is one of many that constitute the apartments at the Convention Centre in Perth, zoned exclusively for short stays and managed by international hotel operator, Adina.
As per the updated 15-year Hotel Management Agreement (HMA), 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.
*****************************************************************************
*******MORE INFORMATION:*******
This unit is one of the units that comprise the Adina Apartments at the Perth Convention Centre. It is zoned exclusively for short-stay, and the property is leased to the Adina Hotel Group under a Hotel Management Agreement (HMA) for the next fifteen years. Adina Hotel Group has been managing these properties since they were constructed and have proven to be a reliable long-term tenant.
Under the HMA, Adina oversees the management of the properties collectively. This is beneficial to owners as your unit is not in competition with others at the complex; rather, each owner is paid according to their unit's Unit Entitlement and all take their share of total revenue per month. Each month, this revenue is then distributed to the owners after all costs (rates, insurance, etc) are paid for.
This is why when we say “7%* net”, it is a TRUE NET – all association fees, management fees, council rates, water rates, insurance costs, AND refurbishment/reserve fund contributions are made BEFORE your 7%* net remittance lands in your account.
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Property Details for 43/33 Mounts Bay Rd, Perth

43/33 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 12,098 properties. Over the last 5 years, Houses in Perth have seen a 58.68% increase in median value, while Units have seen a 53.17% increase. As at 30 November 2025:

  • The median value for Houses in Perth is $1,306,398 while the median value for Units is $603,973.
  • Houses have a median rent of $850 while Units have a median rent of $725.
There are currently 136 properties listed for sale, and 68 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 861 properties were sold in the past 12 months in Perth.

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