201/18 Rheola Street, West Perth, WA 6005

Don't miss out on this fantastic opportunity for astute investors. This second-floor apartment boasts two bedrooms, two bathrooms, and a prime location on the West Perth-Subiaco border. Built-in 2005, 18 Rheola Street has a proven track record as top-quality, well-situated short-stay accommodation. Managed by Quest, the property offers a steady income and a strong "Gross Return".

Current Lease Term: 01/08/2020 - 31/07/2025 (with options)

Current Rental Return: $27,825.36 per annum

Please note that the apartment is zoned for short-term rentals (3 months or less).

Additional Costs:

- Strata Fees: $5721.80 per annum

- Council Rates: $1377.40 per annum

- Water Rates: $655.37 per annum

Take advantage of this opportunity and contact Stacie today to discuss further.