2/1 Minora Place, Rivervale, WA 6103

Discover a smart investment with this stylish one bedroom apartment ideally situated in the heart of Rivervale's riverside precinct.

Located close to the City, Crown Entertainment Complex and Optus Stadium, this property offers unbeatable appeal for the gilt-edged investor.

Currently leased as a Motel until June 2029, with a current gross weekly rental return of $255.00.   
NOT available to an owner occupier under the current lease terms.  
The lessor handles all the maintenance.

Features:
• Open plan living area
• Well appointed kitchen with gas cooktop
• One bedroom
• Ensuite bathroom with laundry facilities
• Ground Floor
• Great location

OUTGOINGS
Water Rates:   $1127.00 pa
Council Rates:  $1262.36 pa
Strata Levies:  $671.40 pq
Strata Reserve: $116.25 pq