SOLD BY BRYN FOWLER 0423 663 663
Description
SOLD BY BRYN FOWLER 0423 663 663
Stress free investment, set and forget. This immaculately presented one bedroom serviced apartment in Mantra on Kent is currently returning a fantastic $1,695.36 per month to the owner in the hand - Mantra on Kent pay all outgoings (Strata, Water, and Council) and internal maintenance. Better yet the next CPI increase is due in 2015.
Purchase with confidence, rental income is paid to owner regardless of occupancy (which is very high) and the building has been successfully operating serviced apartments since 1999. The exceptional Mantra Group operates Hotels, Resorts and Apartments throughout Australia, New Zealand & Indonesia predominantly frequented by business travellers as well as holidaymakers.
The current lease expires in September 2014 with another 5 year option available.
Contemporary in style this 44m2 serviced apartment is positioned in the heart of the CBD just off Market Street, an easy walk to Darling Harbour, Westfield Shopping Centre, Pitt Street Mall, Queen Victoria Building, Sydney Convention and Exhibition Centre.
The apartment itself;
- Spacious and well-proportioned design
- Modern kitchen, bathroom & interiors
- Internal laundry with dryer
- Reverse cycle air-conditioning
Mantra on Kent (recently refurbished 2013) provides 24 hours desk reception, function and conference rooms, mezzanine cafe and serene outdoor courtyard.
Please note that this property cannot be owner occupied and is for investment only.
Contact Bryn Fowler 0423 663 663 for more details or a time to inspect.
Stress free investment, set and forget. This immaculately presented one bedroom serviced apartment in Mantra on Kent is currently returning a fantastic $1,695.36 per month to the owner in the hand - Mantra on Kent pay all outgoings (Strata, Water, and Council) and internal maintenance. Better yet the next CPI increase is due in 2015.
Purchase with confidence, rental income is paid to owner regardless of occupancy (which is very high) and the building has been successfully operating serviced apartments since 1999. The exceptional Mantra Group operates Hotels, Resorts and Apartments throughout Australia, New Zealand & Indonesia predominantly frequented by business travellers as well as holidaymakers.
The current lease expires in September 2014 with another 5 year option available.
Contemporary in style this 44m2 serviced apartment is positioned in the heart of the CBD just off Market Street, an easy walk to Darling Harbour, Westfield Shopping Centre, Pitt Street Mall, Queen Victoria Building, Sydney Convention and Exhibition Centre.
The apartment itself;
- Spacious and well-proportioned design
- Modern kitchen, bathroom & interiors
- Internal laundry with dryer
- Reverse cycle air-conditioning
Mantra on Kent (recently refurbished 2013) provides 24 hours desk reception, function and conference rooms, mezzanine cafe and serene outdoor courtyard.
Please note that this property cannot be owner occupied and is for investment only.
Contact Bryn Fowler 0423 663 663 for more details or a time to inspect.
