Cheapest in the Building – West End Serviced Hotel Apartments

Recently refurbished, fully furnished & equipped one bedroom serviced apartment comes with a guaranteed annual rental income.

The current rent is $8,879.14 (1/7/2008 – 30/6/2009) with rents to increase yearly by a guaranteed 4% for the following 2 years. Following that there are 3 additional 5 year options securing the tenant.

Rated 4 1/2 stars the complex has won Quest’s franchise of the year for consecutive years in 2005 & 2006.

Facilities include complemantary off site fully equipped gym, daily room service, 24 hour reception, on site bar & restaurant plus fully equipped laundry within the apartment.

The Building is currently ungoing a full refurbishment including brand new furniture, carpets & light fittings already paid for and at no cost to the next owner.

Located in the heart of Perth’s West End – home to Perth’s corporate high flyers and our finance and mining sectors and only a short distance to restaurants, modest bars, shopping & Perth’s greatest attractions including Kings Park, the Bell Tower & Swan River.

***This property is part of the West End Hotel (Serviced Apartments) and is suited to investors with fully qualified finance only.

*** Suitable for FOREIGN INVESTORS.

*** Not suitable for first home buyers.

Rent Return – $8,879.14 (1/7/2008 – 30/6/2009)
Newly refurbished unit
Reverse cycle air-conditioning
Dishwasher
Fully equipped laundry including iron & ironing board
On site bar & restuarant