Imagine having an apartment in the heart of Perth CBD and with that apartment comes a tenant who is one of Australia's most trusted and largest hotel chains and is guaranteed to be your tenant for long period of time.The CBD is undergoing a renaissance of sorts with the landscape changing at street level and its skyline, with a new permanent residential population, an ever present domestic tourist and a steady stream of international tourists means this location and its business is well positioned to take advantage of it and has a guaranteed longevity.With a guaranteed lease agreement term that has started on the 18th August 2018 and has the ability to go for four further terms of five years each and a rental return of $16,954.14 per annum, with that amount to increase by 5% or CPI (whichever is the lesser) every year. The lessee also covers all outgoing costs incurred by the property.My owners instructions are clear, they need this apartment sold, so they can enjoy the latter parts of life. So for more information or to take a look at the lease agreement in full get in contact today.To book an private inspection today contact Dan Lewis on 0422 293 871 or email dlewis.applecross@ljhooker.com.au
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