If you are looking for an investment property that is ready for immediate returns, positioned in a fantastic location between Kings Park, the Swan River and our bustling Perth city centre then this is it! This well presented short-stay apartment offers a great secure investment within the resort style Mounts Bay Waters development and provides easy access to City shopping and attractions, Swan River, Elizabeth Quay, Kings Park nature walks and the UWA Crawley campus. This ideal city apartment is currently zoned 'Short Term Residential (Serviced Apartments)', which allows short stay investing. This property is currently under a long-term lease to Nesuto Hotel. You will love the open plan kitchen complete with a dishwasher, the chic tiled bathroom, spacious bedroom, reverse cycle air conditioning and the bonus of a secure undercover car bay. The lifestyle of this highly sought-after riverside pocket is second to none with many popular restaurants and bars being close by as well as lush Kings Park. Conveniently located with shopping being just minutes stroll away. Energetic and vibrant, there is always something happening with Elizabeth Quay a short walk down the road. The famous Jacobs Ladder is also within close proximity where many clinching races up and down can be watched over a cold Kombucha or warm latte at the nearby cafe. Add all of this amenity to the comfortable city and resort lifestyle on offer here and you have one fantastic and affordable gateway in to one of Perth's finest areas. Be quick for your chance to snap up this sought after investment property! The owners of this greatly loved apartment have maintained it well making it ready for immediate returns. Contact Exclusive Selling Agent Brendon Habak today to arrange your private inspection. Features include: - Level 6 - North West Orientation - Zoning: Residential (Strata) - Council: City of Perth - Total Strata Lots In Complex: 74 - Massive tiled bathroom with bath/shower - Reverse cycle air-conditioning - Internal laundry - Built in wardrobe in bedroom - Currently leased in Nesuto hotel pool - Secure complex with remote access and keyless entry front door - Complex pool, gym and tennis facilities Sizes & Rates (Approximate): Internal: 45sqm, Balcony: 4sqm, Car Park: 14sqm, Total: 71sqm Council Rates: $1,467/a, Water Rates: $1566/a, Strata Rates: $1,708/pq (Inc. Reserve) Mounts Bay Road is a gem in the City of Perth nestled between the prestigious suburbs of West Perth and our dynamic Perth CBD. The area is well serviced with nearby amenities including: - Approx. 100m to Jacobs Ladder and nearest cafe - Approx. 200m to Bus stop - Approx. 500m to Swan River cycle ways - Approx. 800m to the doorstep of Kings Park - Approx. 1.0km to Elizabeth Quay - UberEats available at the address Disclaimer: The properties current approved use is Short Term Residential (Serviced Apartments)'. All distances are estimations obtained from Google Maps. All sizes of the property are estimated and buyers should rely on their own measurements when onsite. All outgoings/rates are estimates and subject to change at all times without notice.