Mantra on Murray, Apt 4.16, 297-305 Murray Street,
Perth, WA 6000
Hotel, Motel & Leisure
Price information
Sold
$255,000
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Map of Mantra on Murray, Apt 4.16, 297-305 Murray Street
JUST LISTED - 6.9% RETURN AFTER STRATA LEVIES AND MANAGEMENT FEES. View our Information Memorandum available on this website.
- Secure lease to an international tenant
- Way above average return
- Regular rent reviews
Mantra on Murray, located in Murray Street is possibly Perth's most conveniently located Hotel. Located just west of the Murray Street mall it is opposite the entry to the Perth Railway Station and immediately adjacent to the free CAT bus services.
Each of the 190 hotel apartments is on a separate strata title and each is subject to a lease granted to Mantra. Rent is reviewed every 2 years (see our Information Memorandum) and is paid into your bank account monthly.
Compare this property with your average Perth Apartment showing a net return of around 3%pa (if you can find a tenant), and bank interest rates of around 2%pa and you can see why these apartments have proven so popular.
PLEASE NOTE. Although there are several different configurations of rooms, they are all furnished in a similar fashion. Photos shown are for illustration purposes and may not be of the particular apartment presently offered for sale.
Each of the 190 hotel apartments is on a separate strata title and each is subject to a lease granted to Mantra. Rent is reviewed every 2 years (see our Information Memorandum) and is paid into your bank account monthly.
Compare this property with your average Perth Apartment showing a net return of around 3%pa (if you can find a tenant), and bank interest rates of around 2%pa and you can see why these apartments have proven so popular.
PLEASE NOTE. Although there are several different configurations of rooms, they are all furnished in a similar fashion. Photos shown are for illustration purposes and may not be of the particular apartment presently offered for sale.
Additional information
Property ID: 502248530Last Updated: 28 Aug 2017
08 9386 99...
Mantra on Murray, Apt 4.16, 297-305 Murray Street
Perth, WA 6000
AGORA Property GroupLevel 1, 187 Stirling Highway
NEDLANDS, WA 6009
NEDLANDS, WA 6009
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