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UNDER OFFER - OVER 4% NET RETURN, BLUE-CHIP OPPORTUNITY IN MANTRA

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Description

UNDER OFFER
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 $32,352.48 per annum
- Net Return of over 4% based on asking price of $650K
- With low Strata Rates of only $896.52 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

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

Strata: $896.52 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.