10/1 Minora Place, Rivervale
1 Bedroom unit. Under offer January 2015 by Rasmus Nielsen, Mavin Real Estate. Sold to buyer on Mavin database.
Are you looking for a secure investment where you don’t have to worry about:
– property management; or
Do you really just want to cash in the money every month?
If so, then this property is for you.
With the rent paid every month from a secure company, there is nothing for you to do, just sit back and count the dollars. You don’t even have to worry about a property manager.
The existing tenant is offering a 2+ year lease with a monthly return of $1150 per month incl GST. This means that this neat investment could generate more than a 5% rental yield.
What is the investment?
The investment is a 47sqm 1 bedroom top floor apartment in a complex of 26 within the Burswood Lodge short term Apartment complex. As part of the lease, Burswood Lodge is responsible for cleaning, furnishing and managing the short term accommodation.
The Burswood Lodge is just off Great Eastern Highway and close to Burswood Entertainment complex with great access to the airport and the Graham Farmer Freeway.
Please note that images are for illustration purposes and may not be of the exact apartment for sale. Viewing of the apartment is subject to availability. Acceptance of the lease is not a condition of sale. A copy of the lease is available upon request.
Under offer January 2015 by Rasmus Nielsen 0466 725 866, Mavin Real Estate Perth 2015. Sold to buyer on database.
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