Used as a very successful Airbnb (ie: not for permanent occupancy) with up to 3 months a year for the owner to occupy.
Brilliant ocean views looking into the entry of both Fremantle Sailing Club and Fishing Boat Harbour with a passing parade of various boats. These views can never be built out.
Ideal investment for self managed super funds or those wanting a great return and the flexibility for a waterside holiday. Close to Royal Perth Annexe, Cicerello's and Bather's Beach.
Current yield after all costs is 7.7% pa. The lease expires in 67 years.
The accommodation is 2 bedrooms, modern bathroom, excellent kitchen and a great common grassed area just off the living area.
• There is a 67 year lease
• No permanent occupancy by the owner
• Used as Airbnb
• $71,000 gross last Financial Year
Title Particulars:
Site 7 on Lot 2033 on Land Administration Miscellaneous Plan 1889
Volume 3121 Folio 423
Disclaimer: We have made every effort to ensure the information is reliable and accurate, however Buyers should carry out their own independent due diligence in relation to the lease arrangements.
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