Attn: Investors, Hotel, Leisure, Service Apartment Operators

NAI Harcourts Metro is pleased to present this premium Freehold Investment opportunity, (Land & Building) - 7 storeys (incl. basement) serviced apartment building with a commercial tenanted restaurant situated in the City of Perth at 63 Bennett St East Perth.

- Owners will sell ALL "walk in walk out"; or will look at various options for the right buyer.
- Being sold at approx. 4 million below replacement value on 3 titles.
- Land, building, restaurant - property and the intellectual property goes with the sale.
- 25 spaciously built 1 & 2 Bedroom dual key serviced apartments
- Can be leased out as 35 serviced apartments.
- Top-quality, apartments with full kitchens and huge balconies.
- Fully leased long-term ground floor restaurant tenancy; in addition on a separate title.
- Current approvals to strata title the apartments.
- Owners running businesses with attractive net returns.

Email or call Mark Fernandes now to instantly receive the Information Memorandum with full details on:
1. Selling Price
2. Title Details
3. Financials and returns - Income /Expenses
4. Restaurant Long Lease Tenancy details and incoming rent.
5. (Can be a separate leased investment for the buyer's super).
6. Apartment Configuration
7. Change of use to strata title the apartments to residential.
8. Zoning details and possibilities.
9. Chattel details

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Main Property Features

Listing Number: NRP4422

Floor Area:
3000 sqm
Land Size:
772 sqm
Property Type:
Tourism / Motel / Hotel, Other (Accommodation, Leisure, Restaurant-Cafe, Retail Food, Serviced Apartments)
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NAI Harcourts Metro

981 Wellington Street
West Perth
Office website or View office details

Property Location