122/201 Hay Street, East Perth, WA 6004

Allen Ang from Team Inhabit is proud to present Mantra on Hay, a reputable hotel accommodation suited to investors in the popular city area of East Perth.

This one bedroom and one bathroom apartment is located on the ground floor with a balcony facing north.

Rarely offered to the market, this is a hassle-free investment as the property is entirely managed by the hotel and there is a guaranteed lease arrangement with the hotel.

It offers all the conveniences and attractions of city living with just a short walk to cafe strips, fantastic restaurants, endless shopping and so much more.

The features of this apartment include:-

- Large open plan living area with lounge area, dining area and a large kitchen

- Spacious bedroom and modern bathroom

- Modern kitchen with Fisher & Paykel appliances including dishwasher, oven and electric stove

- Reverse-cycle air-conditioner in the living area and in bedroom

- Balcony and common courtyard area

- The hotel amenities include indoor heated pool, gym, restaurant, bar and a 24 hour reception

- Amenities and attractions in and around the city are too many to mention but includes shopping malls, supermarkets, cafes, restaurants, hospital, churches,museums, parks etc

- Internal size: 60sqm. Balcony: 7sqm. Total: 67sqm

-Council rates: $1,389.20 p/a

-Water rates: $1,560.82 p/a

-Strata fees: $644.19/q admin + $840.81/q reserve (hotel management contributes $250/q for first three years of their management agreement)

Location is everything and being situated in such a central location in Perth city means there will always be strong demand from tenants:

-Short stroll to Swan River foreshore

-Walking distance to the Perth Mint

-Walking distance to Langley Park and Wellington Square

-1km from Claisebrook Cove

-1.5km from Myer and David Jones shopping mall

-1.5km from Bell Tower and Elizabeth Quay

-2km from East Perth train station

-2km from WA Museum

-3.5km from Crown Hotel and Casino

-6km from Perth Zoo

-10km from Perth Airport

For any queries or to arrange a private inspection contact Allen Ang on 0403 286 492 at any time.

DISCLAIMER:

All distances are estimations obtained from Google Maps. All sizes of the property are estimated and buyers should rely on their own measurements when onsite. Any floorplans provided are for illustrative purposes, may not be accurate and are to be used as a guide only (not to scale). All rates/outgoings are estimated and subject to change at all times without notice. The Agent does not guarantee the accuracy of information in this document nor accept responsibility for the results of any actions taken, or reliance placed upon this document and interested persons are advised to make their own enquiries & satisfy themselves in all respects.