23/65 Ormsby Terrace

Mandurah WA 6210

Welcome to Lot 23/ 65 Ormsby Tce, at the ever popular Atrium Hotel, destination for holiday makers at seaside Mandurah City, home of a World Class Marina, tranquil beaches, Venetian style canals and complimented by an abundance of water activities through-out the region.Featuring- Two interconnecting rooms giving a deluxe twin and deluxe studio (one apartment) connected by an internal door. - Free WIFI, free Foxtel and free parking- Deluxe Twin offers 2 Single beds, fridge, coffee making facilities, balcony with ocean glimpses and bathroom. - Deluxe Studio offers 1 Queen bed, fridge, coffee making facilities, balcony with ocean glimpses and bathroom. This is a real estate purchase with a difference. You are buying a hotel apartment, so this is not for you to live in. You will become an owner of Room 217 & 218 in the Atrium hotel which entitles you to a share of profits based on unit entitlement (size of your apartment) when profits are distributed. You can also use the hotel for a 14 day stay each year at no cost (subject to availability).Your annual outgoings are for Water Rates ($1818 approx per annum), Council Rates ($1622 approx per annum) and Strata Levies ($1058 approx per quarter).With Mandurah offering a vibrant and lively nightlife, it has become a go to for families wanting a weekend away. Popular with local, interstate and international travellers drawn to the water lifestyle, foody scene and easy access to the south of Western Australia, it's not hard to see why Mandurah has become so popular. Hotel accommodation is limited in Mandurah and the Atrium offers a known and time served option for travellers and visitors. The corporate body is optimistic for the growth and profitability of the hotel going forward. This presents a great opportunity to get in at this low price and potentially reap the returns in the future and also possible capital growth.The Atrium Hotel is an icon in the Mandurah region and offers a wide variety of leisure facilities including an indoor heated swimming pool and spa, with a dedicated pizza oven also electronic games room and tennis courts.The complex has its own quality Restaurant, Conference rooms and Function centre and all of this within walking distance from Mandurah's beautiful Waterways, Marina, Cinemas, Restaurants, cafes, Ale Houses and Central Mandurah's shopping precinct.Contact Exclusive Sales Agent Robert Ciallella on 0413 124 787 for more details.Disclaimer:This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.