Step into Residence 302 at 12 Victoria Avenue, where refined design and intelligent spatial planning transform this studio into a private city sanctuary. Natural light pours through expansive glazing, illuminating the open living space and highlighting sophisticated finishes that create a sense of warmth and understated prestige. Elevated above the vibrant streets of Perth's CBD, this residence offers a rare balance of energy and tranquillity.
Beyond its elegant presentation, this property represents a secure and structured investment. Leased to Panache Hotel Group and forming part of the established All Suites serviced apartment portfolio, the residence currently returns approximately $19,800 per annum gross, delivering just over a 5% net yield based on the price guide. With professional management in place and fixed lease arrangements, this is a genuine set-and-forget CBD holding.
The designer kitchen features sleek cabinetry, quality appliances and refined detailing, creating a space that feels both luxurious and functional. The open layout allows living and sleeping zones to coexist seamlessly, maximising comfort while maintaining clean architectural lines. A beautifully finished bathroom and integrated storage complete the thoughtful interior design.
Positioned moments from St Georges Terrace, Elizabeth Quay, the Swan River and Perth's leading dining and cultural precincts, Residence 302 combines premium CBD positioning with structured income security - an increasingly rare combination in today's market.
Features and Rates (Estimated):
- Internal: 29sqm | Total: 29sqm
- Strata: $976.50pq (Admin) + $161.1pq (Reserve) | Council: $1,376.85pa | Water: $1,599.78pa
- Level 3
- Orientation: North, West
- Built: 1900
- Zoning: Short Stay (Strata)
- Council: City of Perth
- Total Strata Lots In Complex: 79
- Fixed Long term lease to Panache Hotel Group with current income of $19,800 per annum gross (approx. 5.0% net)
Walking distance to fantastic amenities and attractions, including (Approximately):
- 89m to West Australian Symphony Orchestra
- 150m to closest café
- 190m to closest free CAT bus stop
- 290m to Royal Perth Hospital
- 400m to The Perth Mint
- 650m to Carlton Centre
- 750m to Rise Supermarket
- 750m to Hay Street Mall
- 800m to London Court
- 850m to Plaza Arcade
- 850m to Langley Park
- 950m to Wellington Square
- 1.1km to Elizabeth Quay
- 1.2km to Queens Gardens
Contact Exclusive Selling Agent Brendon Habak on 0423 200 400 and Mievez Narayan on 0420 821 869 to arrange your inspection.
