Share this property

realcommercial.com.au

Mantra on Murray, Lot 167, 297-305 Murray Street, Perth, WA 6000

Directions

Mantra on Murray, Lot 167, 297-305 Murray Street,,
Perth, WA 6000

Hotel, Motel & Leisure • Other

Price information

Sold

Contact Agent

Key property information

Floor area

Parking info

Property extent

Zoning

Municipality

Tenure type

Sold on

Return

Map of Mantra on Murray, Lot 167, 297-305 Murray Street,

Directions

6.86% RETURN ON NET RENT.- WHY SETTLE FOR LESS. Click on the link below for our factual & fully detailed INFORMATION MEMORANDUM.

  • Secure lease to international tenant
  • Way above average return
  • Regular rent reviews
The Mantra on Murray serviced hotel suites offer the traveller to Perth a centrally located, high quality accommodation option which has secured exceptionally high occupancy rates over a number of years.

The 190 tastefully furnished and decorated Hotel apartments are individually strata titled, providing a unique opportunity to own a little piece of luxury in the middle of the city.

Once they view an apartment many prospective buyers ask "Can I live in here"?

The answer is NO.

Each is leased to an Australian based international hospitality company with years of experience and an exceptional track record of performance. Note that your property has a lease providing an investment return, not a hypothetical share in a potential income stream.

Note the benefits:
Quality international tenant
Net rent return around 6 75% to 7%pa net compared with average Perth residential returns of less than 3%pa and Bank fixed rate returns of around 2.0%.
A "commercial" lease. Under the lease the tenant pays approximately 90% of the strata levies*, all of the maintenance and all of the rates and taxes.
Regular rent reviews
No vacancy factor and no absconding tenants.

(* this may vary from year to year - the owner's proportion of the strata levies have never exceeded 1.5% of the gross rent at any time in the last 10 years)

Click on the link below or contact the agent now for an obligation free, factual Information Memorandum which shall set out exactly
WHICH APARTMENTS ARE PRESENTLY AVAILABLE
EXACTLY THE RENT ON EACH
EXACTLY THE TOTAL OUTGOING COSTS ON EACH
EXACTLY THE PRICE ASKED FOR THE APARTMENT
EXACTLY THE NET RATE OF RETURN YOU WILL RECEIVE IF
YOU BUY

Additional information

Property ID: 500414623Last Updated: 28 Aug 2017

08 9386 99...
realcommercial.com.au logo
Mantra on Murray, Lot 167, 297-305 Murray Street,
Perth, WA 6000
AGORA Property Group
Level 1, 187 Stirling Highway
NEDLANDS, WA 6009
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.