Unit 1301, Mantra Parramatta –
Inspections available via private appointment, please contact the agent to arrange inspections. Virtual Tour available via this advertisement, please click the link !
Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the heart of the Parramatta CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition.
This fully furnished one bedroom is a managed investment asset currently leased to Mantra Hotels Parramatta generating a gross revenue of $54,178* within the last 12 months, with the owner receiving 50% of the apartments revenue, minus expenses.
Note: The monthly income is not fixed & can fluctuate with travel demand and use of the property.
Property Features Include:
– Spacious bedroom with large window and built in wardrobe
– Kitchenette with electric cooktop
– Bathroom with bathtub and tiled floor to ceiling
– Ducted air conditioning
– Building amenities include Gym, Pool, Spa, Sauna, Restaurant, Cocktail Bar, Conference rooms, internet desk
Investment Features include:
– Approx gross annual revenue of $54,178*
– Exclusive membership with Accors Partnership Program
– Exclusive use of the property 14 nights per annum with access to building amenities
– Hassle free passive income stream with full management decisions made on your behalf – set & forget !
– Inventory of furniture included with the sale of the property
Note: This property is zoned for short term letting and can not be lived in fulltime – for investment purchase only.
Strata: $1,827 per quarter
Council: $212 per quarter
Water: $167 per quarter
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Fill in your details in the form below and we will be in touch about this property.