Sit back and watch the money roll in with a return on investment around 7.55% NET that is currently far superior to what any of the major banks are offering.

This modern and self contained KING STUDIO unit is leased to Mantra On Murray for $1,796.91 per calender month (from 18th August 2013) on a FIVE year lease with further FIVE YEAR options with potential for future and ongoing rental increases.

Located amongst all the “places to be seen” including bars, cafes, shopping and restaurants whilst only a short walk to Perth underground rail station makes this the perfect long term investment opportunity for the astute investor.

Purchase Price $269,950.00
Income $ 21,563.03 per annum
Management Fees $ 830.17 per annum
Strata Fees $ 270.70 per annum
Net Rent $ 20,462.16 per annum
Net Return 7.58%

No council or water rates payable.

Enquire now about investing in your own slice of this growing and vibrant city.

Please note this unit can not be purchased to live in and is on a commercial tenancy agreement.