Affordable Property Investment Opportunity in Mantra Parramatta
Unit 204, 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 $47,845* 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 $47,845* - 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
Features include: Air Conditioning,Built-In Wardrobes,Close to Schools,Close to Shops,Close to Transport,Furnished,Heating,Intercom,Lift Installed,Pool,Security Access
Inspections
No open inspections scheduled.
Send an enquiry
Contact Thomas (Tom) Jones to learn more about this property, request an inspection or take an online tour.
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We found 28 apartments with 1 bedrooms that just sold near 204/1-3 Valentine Avenue Parramatta
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.