54/1 Padbury Circle SORRENTO, WA 6020

URGENT SALE Take advantage of this opportunity to boost up your super fund in this incredible investment opportunity.

Benefit from the shortage of short term accomodation alongside one of Western Australia biggest tourist attractions - Hillarys Boast Harbour. Overseas Investors Welcome.
Yield is what professional investors chase in any investment. This 1 bedroom, 1 bathroom holiday apartment is in the superbly located SORRENTO BEACH RESORT, only steps from the iconic Sorrento Beach and close to the tourist attraction top spot Hillarys Boat Harbour with its many cafes and restaurants. High occupancy rates due partly to a shortage of short term accommodation in the area have seen owners returns increase regularly.

An ideal investment for Super Funds and property portfolios. All owners share in the rental pool with distributions made monthly regardless of individual apartment occupancy.

The resort is managed by a very experienced team with a long lease in place, guaranteeing peace of mind for the majority of owners who have their properties managed by the Resort.

Free parking, onsite restaurant, Free Foxtel and Movies, Free Wi-Fi secure wireless broadband internet, heated outdoor pool and spa, sauna and BBQ area are just some of the facilities for guests to experience. AQWA (The Aquarium of WA) and Rottnest Island Ferry are at Hillarys Boat Harbour with world class Joondalup golf courses, major shopping centres, cinemas, Arena Joondalup and Challenge Stadium sporting facilities, all nearby. The Resort also offers boardroom and meeting rooms for conferences in Perth, reverse cycle air-conditioning and a guest laundry.

Gross Income = $17681
Levies = $2566
Water Rates = $877
Shire Rates = $822
Total Expenses = $4266
Net Income = $13,414