509/201 Hay Street

East Perth WA 6004

SECURELY LEASED TO MANTRA HOTEL GROUP - HASSLE-FREE INVESTMENTINVESTMENT ONLY - NOT AVAILABLE FOR RESIDENTIAL USE.LOW STRATA FEEGross Rent: $21,068 per annum.Secure Lease in place until 1 July 2023Perfectly positioned on the pivotal corner of Hay and Bennett Streets in East Perth. The Mantra Hotel have a lease over the entire building. Here is the opportunity for a smart investor to secure this fabulous 2 bedroom, 2 bathroom, fully furnished apartment with a stunning city skyline located on Level 5.The condition of the apartment once the lease is up would be absolutely great. You will have the options to re-lease it out or just simple self manage this 2 bedroom apartment. Short walk to cafe strips, fantastic new dining restaurants, endless shopping and so much more. Sit back and watch someone else look after your investment property.FEATURES INCLUDE:* Large 2 Bedroom 2 Bathroom on level 4,* Fully Furnished and equipped* Balcony with spectacular city skyline and Swan River glimpses* Reverse-cycle air-conditioner in the living area and bedrooms* Excellent presentation* Pool and gym facilities on Level 8* Cafe and bar on Ground Floor* Perfect investment! Don't worry about the rent; it's paid monthly. No vacancy factor until 30 June 2023!* Internal: 77sqm, Balcony: 7sqm, Total strata size: 81sqm* Council Rates: $1,422/y* Water Rates: $1945/y* Strata Fees: $594/q incl. reserve fundContact Cherry Li 0400 833 706 today to arrange your private inspection.NEARBY AMENITIES:-20m to closest bus stop-250m to Grosvenor Hotel-500m to Langley Park-1km to Claisebrook Cove-1km to The Royal on the Waterfront-1km to Hay Street Shopping Mall-1.5kms to Elizabeth Quay-1.7km to Matagurup Bridge-1.8kms to Yagan Square-2km to Optus Stadium and The Camfield-2.8kms to Kings Park-3.2km To Burswood Entertainment CentreDISCLAIMER: All distances are approximate and provided by google maps. All distances of the property to nearby amenities are estimates and buyers should rely on their own measurements.