This investment opportunity allows one fortunate buyer the rarity of purchasing a short stay apartment in a well known and very popular Perth City hotel. Manage it yourself or leave it in the good hands of the All Suites Hotel to provide you with BIG short stay income returns.
An amazing opportunity awaits an astute investor looking to take advantage of today's great buying conditions and climb up the property ladder by buying this nicely presented short-stay zoned apartment sanctuary that is ideally located near public transport and the many chic dining experiences that our exciting Perth inner city has to offer.
Nearby free CAT Buses and a sought-after position walking distance to East Perth and Perth City restaurants and shopping are lifestyle amenities that one astute buyer will secure here. But be very quick as hot properties like this do not last long on the market especially when they are positioned walking distance to Elizabeth Quay and the upcoming footbridge over to the new Optus Stadium in Burswood!
The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.
Perth has 11,659 properties. Over the last 5 years, Houses in Perth have seen a 31.76% increase in median value, while Units have seen a 44.24% increase. As at 30 September 2024:
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