611/201 Hay St, East Perth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 81m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 1997.
Century 21 River Residential are pleased to offer this fully furnished two-bedroom serviced apartment for sale. This apartment is located within the Mantra on Hay; a development which offers a hassle-free investment opportunity.
This apartment is securely leased to Panache Hotel Group for 3 years starting 1/7/2023. Income from 01/07/2023 is $29,820.00 per annum ex GST. The rent is payable monthly in advance with 3% increases per annum. There are 2 lease option periods available of three years each.
There is a Furniture, Fittings, and Equipment Reserve levy equivalent to 5% of lease payments for the upkeep of the lessors' furniture and chattels.
From the moment you step inside, you'll appreciate the modern design throughout. The apartment features two spacious bedroom's with a built-in wardrobe's, two contemporary bathroom's, internal laundry with a washing machine and dryer, reverse cycle air conditioning and a generous lounge room and balcony area that's perfect for relaxing.
This apartment makes the perfect investment as everything as your occupants will find everything they need right on their doorstep and it's just a short walk to public transport, making getting around and exploring a breeze. This apartment's orientation means that there are river views from the balcony as well.
RATES INFORMATION:
Council Rates (City of Perth) - $1426.20 pa
Water Service Charges (Rates) - $2,094.36 pa
Strata Levies (Admin and Reserve) - $1,917.00 pq (Admin - $831.59 pq / Reserve - $1,085.41 pq)
ABOUT THE HOTEL
Mantra on Hay is conveniently located on the eastern side of Perth's CBD, perfect for business and leisure travelers alike.
Guest Services:
-24-hour reception
-Complimentary WIFI in the lobby
-Safety deposit boxes
-Tour Desk
-Multilingual staff
-Disabled facilities
-Wedding facilities
-Housekeeping
Leisure Facilities:
-Indoor heated pool
-Fitness Equipment
Dining and Entertainment:
-Cornerstone Bar & Kitchen
-Room service
Business Facilities:
-Meeting rooms
-Conference facilities
Contact Justine Barron now for further information and to arrange your private inspection. This property will not last long!
Disclaimer: The information in this advertisement has been provided by reliable external sources. We do not accept any responsibility to any person for its accuracy. All interested parties should undertake their own due diligence in order to determine the accuracy of this information.
The size of East Perth is approximately 3.2 square kilometres. There are 21 parks, covering nearly 33.5% of the total area. The population of East Perth in 2016 was 10596 people. By 2021 the population was 11681 showing a population growth of 10.2% in the area during that time. The predominant age group in East Perth is 30-39 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation.In 2021, 36.40% of the homes in East Perth were owner-occupied compared with 37.60% in 2016.
East Perth has 8,421 properties. Over the last 5 years, Houses in East Perth have seen a 26.09% increase in median value, while Units have seen a 54.06% increase. As at 31 July 2026:
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