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78/65 Ormsby Terrace Silver Sands, 6210 WA

Own a Piece of Mandurah's Iconic Atrium Hotel

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Presenting two bedrooms, one bathroom, and captivating ocean views, this offering encompasses a queen room situated on the fifth level of the esteemed Atrium hotel. The upper-level bedroom accommodates three guests comfortably.

This unique real estate opportunity entails ownership of room 508 within the Atrium hotel, with a distinctive twist – this isn't a residential purchase. Instead, you're investing in a hotel apartment, entitling you to a share of profits based on your unit entitlement, which corresponds to the size of your apartment. With a unit entitlement of 69 units from an aggregate of 6907, your ownership stake represents just under 1% of the total unit shares.

Moreover, as a benefit, you can enjoy a complimentary 14-day stay each year at the hotel, subject to availability.

Annual outgoings include approximate costs for water rates appox ($1817), council rates approx ($1610), and strata fees appox ($1035 per quarter).

Mandurah, renowned for its vibrant nightlife and allure as a weekend destination for families, beckons both local and global travellers alike.

Sold $75,000

Inspect

Inspection of this property is available strictly by arrangement only.

Contact


Century 21 Coast Realty Mandurah Coast Realty Mandurah
92 Mandurah Terrace
Mandurah WA 6210