103/875 Wellington StreetWest Perth WA 6005
Property Details for 103/875 Wellington St, West Perth
103/875 Wellington St, West Perth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 49m2 and floor size of 63m2.
Last Listing description (May 2015)
**Another Property SOLD by Ryan Benade & Kyle Preece**
Ryan Benade & Kyle Preece proudly present
A rare opportunity to buy into the City Stay Hotel, with a guaranteed monthly rental income and no management fees!
The hotel holds a long-term lease on the property, paying through a set amount every month, regardless of whether the property is occupied or not. This means that you receive an income month on month and alleviate yourself of the stress of sitting on an empty investment property in the current rent market.
The hotel looks after all their own bookings, cleaning, maintenance and upkeep of common areas. This truly is a care-free investment.
The apartment features 2 double bedrooms, and large bathroom, living area and kitchen.
The complex features a pool, BBQ area, gym facilities, kids playground, caf, conference room, kiosk & ample car parking.
A fantastic location, across the road from Harbour Town and walking distance to local restaurants, cafes, bars, shopping, the City, Kings Park, Elizabeth Quay, The Area & the City Link development.
Call us today to arrange a time to view. Viewings will need to be organized between guests please note there will be no home opens for this property, viewings will need to be arranged.
Car parking is shared for the complex.
Guaranteed Rental Income
2 Bedroom Self Contained Apartment
Long term Hotel Lease
No Management Fees
Ample Car Parking
Pool, BBQ & Playground Facilities
Gym, Kiosk, Caf & Conference Room
Fantastic Location
Close to Harbour Town, Shopping & Transport
Walking Distance to the City
Walking Distance to Kings Park
Walking Distance to the City Link Development
Property History for 103/875 Wellington St, West Perth, WA 6005
- 09 Oct 2014Listed for Sale Under Offer
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About West Perth 6005
The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2011 was 5,167 people. By 2016 the population was 5,618 showing a population growth of 8.7% in the area during that time. The predominant age group in West Perth is 20-29 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation. In 2011, 34.7% of the homes in West Perth were owner-occupied compared with 33% in 2016.
West Perth has 5,779 properties. Over the last 5 years, Houses in West Perth have seen a 40.02% increase in median value, while Units have seen a 37.74% increase. As at 31 October 2024:
- The median value for Houses in West Perth is $1,050,180 while the median value for Units is $570,414.
- Houses have a median rent of $650 while Units have a median rent of $650.
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