Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 1 • Bathrooms: 1

Description: Are you an investor? Then look no further and feast your eyes upon this well presented and low maintenance studio apartment of 36sqm situated in the heart of Perth. With a 10 year fixed lease agreement plus further renewable terms with Oaks Hotel, you will receive immediate and guaranteed returns. Please note that you will need to be a cash buyer as banks will not provide residential loans to a studio apartment under 40sqm. Positioned on the fourth floor of the Pacific International Apartment building, this charming abode meets the desire for a hassle-free, lock-and-leave lifestyle. Ready with a city towers view and positioned footsteps to Raine Square's luxury brands Chanel, Tiffany and Co and Louis Vuitton, and high end international eateries such as Furaibo and Fleur, your guests will enjoy the Paris end of Perth and you will enjoy satisfied guests and high occupancy rates. Gross MINIMUM base income per annum is $21,647 per annum (including variable outgoings top-up of $3,000). Unit 719 is also available for sale From $259K. Features and Rates for Unit 414 Include: - Council rates: $1,335.65/a | Water rates: $1,599.78/a | Strata: $466.08/q (Admin) + $227/q (Reserve) - Internal: 36sqm - Level 4 - West Facing - Built 2003 - Zoning: Short Term Residential - Council: City of Perth - Total Strata Lots In Complex: 252 - Facilities: On-Site Restaurant, Bar and 24 Hour Reception Located in the vibrant West end of Perth city, this property is close to many amenities and attractions, including: - 8m to the closest cafe - 34m to Bus stop (Red Cat) - 700m to RAC Arena - 100m to Perth Underground train station - 280m to Yagan Square - 350m to Forrest Chase Shopping Mall - 400m to Hay Street Mall - 800m to Elizabeth Quay - 850m to North Metropolitan Tafe Contact Exclusive Selling Agent Allen Ang on 0403 286 492 to arrange your inspection. DISCLAIMER: Please note that the photos in this advertisement are from another apartment and only to be used for illustration purposes only. A physical inspection of the apartment is strongly recommended. All distances are approximate and provided by google maps. All measurements of the property are estimates and buyers should rely on their own measurements when on site.