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.

Outgoings –

Strata: $1,827 per quarter
Council: $212 per quarter
Water: $167 per quarter