This ground floor 2bedroom x 1bathroom apartment is located within the “Mantra” on Hay. In the heart of East Perth, this modern apartment has all the creature comforts you would expect. The best thing about the property is the guaranteed monthly income you will receive. You have the choice to continue under the current management upon expiry or move in yourself once the current management expires.
Just a short walk to cafe strips, fantastic new restaurants, endless shopping and so much more.
Property features:
The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of total area. The population of East Perth in 2011 was 8,184 people. By 2016 the population was 10,598 showing a population growth of 29.5% in the area during that time. The predominant age group in East Perth is 20-29 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation. In 2011, 37.8% of the homes in East Perth were owner-occupied compared with 37.6% in 2016.
East Perth has 8,341 properties. Over the last 5 years, Houses in East Perth have seen a 12.60% increase in median value, while Units have seen a 33.19% increase. As at 30 September 2024:
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