9/10 Lawley Street

North Beach WA 6020

Situated on the upper floor with balcony facing the ocean
Easy and highly profitable investment with massive rental income of $1291/month ($15492/year)
guaranteed till 30.06.2016!!!
(and renewal options for 2 more periods of 5 years)
The OCEAN VIEW Motel has been managed and maintained to a very high standard over the past years and earned a reputation as top accommodation at Perts Sunset Coast.
Find more information here: www.oceanviewmotel.com.au
TOP SPOT
*Only meters to the Ocean / West Coast Highway
*Only 3min to Hillarys Boat Harbour
*Only 5min to Scarborough Beach
*Short walk to restaurants, deli and shops
FAQ
- Who is responsible for out goings listed in lease agreement?
All outgoings are to be paid by the lessee
- Who is responsible for the cost of inspections for vermin and Infectious diseases
The cost for those inspections are in the duty of the Lessee.
-Can you confirm that the Lessor needs to purchase insurance to cover any damage to the premises?
The lessee is responsible for any insurance (this does include public liability, building, a.s.o.)
-Where does it state that the $15,492 p.a. is guaranteed?
The contract clearly defines the minimum monthly rent to be paid to the lessor. There is a annual rent increase according to the cpi increase. The current rent is $1291/month ($15492/year). The next increase is due in July 2014.
For more information please call Peggy Middelveld on 041 55 66 825
Or email to peggy.middelveld@peard.com.au
Additional feature/s - Close to beach.