518/305 Murray Street, Perth, WA 6000

Great yield at around 6.9% net return. No council or water rates, with strata paid for by Mantra Group, the largest Australian based hotel and resort operator across Australia, NZ and south East Asia, with over $7B assets under management. Location Mantra On Murray is a highly sought after serviced apartment investment. (non-residential) Located at 305 Murray Street Perth, situated approximately 200m west of the Murray Street Mall, these apartments are in high demand. Benefits Guaranteed monthly return No council or water rates, and main strata paid by Mantra Leased for a further 5 years with options through to 2043 Marketing and leasing fully managed by Mantra Group The hotel covers repairs, upkeep and maintenance Minimal strata payment of around $60.00 per quarter for common areas A city with fabulous growth projections for tourism and resource based population growth Murray Street rail station and free central area transit public transport on doorstep 12km to airport Crown Casino and Perth's best beaches a short distance away Contemporary 305 Bar and Restaurant High Street shopping, bars and restaurants within a few minutes' walk Executive suite, with kitchen living, and separate bathroom. Income is not linked to occupancy General Features Spacious 40m2 apartment, fully furnished, fully serviced Bedrooms:1 Bathrooms:1 Fully-equipped kitchenette Hairdryer, iron & ironing board Modem and facsimile lines ISD/STD direct dial phones Individually controlled air-conditioning Cable TV and pay movies Mini bar, tea and coffee making facilities Hotel Features 24 hrs reception Daily housekeeping Room service Foreign exchange Call Tim Duffield for further details on 0438 885 844.