This beautifully-appointed penthouse apartment is managed by All Suites, a well-located hotel property with a strong corporate clientele and high occupancy. The following are reviews from bookings.com:

https://www.booking.com/hotel/au/all-suites-8hotels.en-gb.html#tab-reviews

The management business has a good track record of running occupancy above 87 percent for the last two years, which is extraordinarily high in the hotel market given the strong demand for self-contained serviced apartments.
As a comparison, pre-Covid average occupancy was over 80%; thus, the property reflects its consistency across market cycles.

All furniture and appliances will be included in the purchase price, with a guarantee of good working condition upon settlement.

After deducting the aforesaid expenses, the annual income results in a 4.5 percent return.

While the tourism industry is recovering, this investment property has guaranteed income for 3 to 5 years’ commitments. This is the perfect time to buy the asset with capital growth in the near future!

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