502/201 Hay Street, Perth, WA 6000 | Apartment for sale | OnTheHouse
 
FOR SALE
From $375,000

502/201 Hay Street
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 70m2
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Mantra on Hay Investment Opportunity!

INVESTORS ONLY | CONTACT AGENT FOR INSPECTION
Positioned within the well known Mantra on Hay hotel complex, this fully furnished apartment presents an excellent opportunity for investors seeking a low maintenance property with an established rental income.
Securely leased to Panache Hotel Group (PHG), the apartment offers a convenient, hands off investment arrangement, with the hotel operator managing the day to day accommodation operations.
Ideally suited to cash purchasers and potentially self-managed superannuation fund (SMSF) investors, this is an investment only opportunity and is not available for owner occupation under the existing lease arrangements.
With the hotel operator responsible for managing accommodation operations, owners can enjoy the convenience of an established investment without the responsibilities typically associated with managing a residential tenancy.
Apartment & Hotel Features
Located within Mantra on Hay, the apartment forms part of an established short stay accommodation complex catering to corporate travellers, holidaymakers and visitors to Perth.
The hotel offers a range of onsite facilities, providing convenience and comfort for guests throughout their stay.
Perfectly positioned along Hay Street, the property enjoys exceptional proximity to Perth's CBD and some of East Perth's most popular lifestyle attractions.
Within easy reach are the Swan River foreshore, Langley Park and the picturesque Queens Gardens, located approximately 300 metres away.
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Property Details for 502/201 Hay St, Perth

502/201 Hay St, Perth is a 2 bedroom, 1 bathroom Apartment and was built in 1997. The property has a land size of 70m2 and floor size of 70m2. The place is currently for sale with Blackburne.

Building Type
Apartment
Year Built
1997
Floor Size
70m2
Land Size
70m2
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. There are 21 parks, covering nearly 18.1% of the 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 12,119 properties. Over the last 5 years, Houses in Perth have seen a 49.68% increase in median value, while Units have seen a 55.84% increase. As at 31 August 2026:

  • The median value for Houses in Perth is $1,455,773 while the median value for Units is $689,610.
  • Houses have a median rent of $870 while Units have a median rent of $750.
There are currently 197 properties listed for sale, and 70 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 728 properties were sold in the past 12 months in Perth.

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Navid Heshmati
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Blackburne
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