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Overview
1002 / 12 Victoria Avenue
Located just moments from St Georges Terrace, Unit 1002 at 12 Victoria Avenue offers a secure and low-maintenance investment opportunity within the established All Suites serviced apartment complex. This property is leased to a reputable hotel group, generating approximately $34,000 per annum gross, providing a structured and reliable income stream under professional hotel management. The fixed lease arrangements make this a genuine set-and-forget investment in the heart of Perth's CBD.
The apartment features a well-designed 68 square metre layout that includes one bedroom and a flexible living area equipped with an integrated pull-out bed, ideal for accommodating guests or additional occupants. The unit is fitted with split system air conditioning to ensure comfort throughout the year and includes a private balcony that offers outdoor space and views.
Situated on level 10, the apartment enjoys a north-west orientation, allowing for natural light and pleasant breezes. The building was constructed in 1900 and is zoned for short stay under strata regulations. The complex comprises a total of 79 strata lots, managed by the City of Perth council.
Estimated rates and fees for the property include strata levies of $2,100 per quarter for administration and $346.50 per quarter for reserve funds, council rates of $1,376.85 per annum, and water rates of $2,094.33 per annum. These costs reflect the ongoing maintenance and management of the complex.
The location is highly desirable, with walking distance access to a variety of amenities and attractions. Nearby points of interest include the West Australian Symphony Orchestra (89m), local cafes (150m), free CAT bus stops (190m), Royal Perth Hospital (290m), The Perth Mint (400m), Carlton Centre (650m), Rise Supermarket and Hay Street Mall (750m each), London Court (800m), Plaza Arcade and Langley Park (850m each), Wellington Square (950m), Elizabeth Quay (1.1km), and Queens Gardens (1.2km).
This apartment is available for individual purchase or as part of a multi-unit portfolio, making it an excellent option for investors seeking a reliable income in one of Perth's most tightly held CBD precincts.
Disclaimer: Prospective buyers are advised to conduct their own research and due diligence prior to purchase. All rates, sizes, and distances are estimates and subject to change without notice.
Features
- Air Conditioning
- Balcony
- Built-in Wardrobes
- Dishwasher
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Perth WA 6000
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 68 m² |
Market Insights for Perth WA 6000
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