SOLD OFF MARKET - MORE WANTED, BUYERS READY TO PURCHASE!

Description

Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the Mantra Parramatta building. This studio offers the lucrative option to short term lease with platforms such as Airbnb, Booking.com and more, which allows you to earn on a per nightly basis and capitalise on one of the highest return methods currently available in residential leasing. It also includes the added benefit of being able to be used between bookings if needed.

- Estimated net returns of $26,068.48 - $32,057.48 p/a = (10.9% - 13.4% net return fully managed) through short term leasing
- Currently leased through Mantra hotel, the apartment has generated a net return of $16,804.99 (7% net)
- Option to use a specialised short-term leasing agency or continue with the Mantra lease
- The perfect property for SMSF, investors or buyers looking for a city pad
- Large windows with bright eastern views, ducted air conditioning
- Spacious open plan layout, full sized bathroom, and kitchenette
- Access to pool, spa, gym, sauna, conference room, onsite restaurant and more
- 250m away from Westfield shopping centre and 300m from Parramatta station

*For Investment Only

Call Brenden Taliana on 0402 634 828 or email brenden@sydneycoveproperty.com.

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.

Parramatta

613/1-3 Valentine Avenue, PARRAMATTA NSW 2150
  • 1

overview

  • a0EMp000002R8RlMAK
  • Studio
  • Sold
  • 613/1-3 Valentine Avenue, PARRAMATTA NSW 2150
  • 1