Premium Investment Opportunity in Mantra Parramatta
Presenting a fantastic opportunity on level 7th to secure a significant 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 studio apartment is a managed investment asset currently leased with Mantra Hotels Parramatta and is estimated to generate approx.. gross revenue. gross revenue of $32,000. the owner receives approx. $17,000 yearly of revenue. Note: The income is not fixed & will 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, and internet desk Investment Features include: - Approx. Nett annual revenue of $17,000* - Exclusive membership with Accor's Partnership Program - Hassle-free passive income stream with full management decisions made on your behalf
Rate and Levies: $5,500 per annual approx.
Amenities and a walk everywhere setting of the CBD. Enjoy an urban experience like no other-easy walking distance to bus and rail hubs, the CBD and beautiful riverside parklands.
FOR FURTHER INFORMATION PLEASE CONTACT Alfredo De Assis - 0422 399 541
DISCLAIMER: All information contained herein is gathered from sources we believe to be reliable. However, Remax Hills Lifestyle cannot guarantee accuracy, and interested persons should rely on their inquiries.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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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.