background

4% NET RETURN, BLUE-CHIP OPPORTUNITY IN MANTRA

  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo
  • property photo

Description

Now on offer is this fantastic opportunity to own a versatile, blue chip investment in the sought-after Mantra building, positioned conveniently in the premium end of Sydney's CBD.
This apartment is in the hotel pool with no management fees to pay, low strata, a proven history of high net returns and capital growth, all boxes are ticked.

- Hotel Lease: Gross Rental of $32,584.13 per annum*
- Net Return of 4% based on asking price of $680K
- With low Strata Rates of only $914.60 per quarter
- Long history of strong capital growth, high rentals
- North facing, on high level with Juliette balconies
- Ability to terminate hotel lease with 6 months notice
- Rooftop pool & spa, stunning views, sun-deck, gym

*Currently adjusted until end of October

For further information or to arrange a private viewing please contact Bryn Fowler on 0423 663 663 or bryn@sydneycoveproperty.com

Strata: $914.60 p/q approx.
Water: $183.24 p/q approx.
Council: $239.10 p/q approx.

Note: Photos are indicative only, actual apartment is a mirrored floorplan

All information contained herein is gathered from sources we deem to be reliable however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.