5.5% - 6% Net Return – Set & Forget Investment – Mantra on Kent
Description
This immaculately presented one bedroom serviced apartment in Mantra on Kent is currently returning a fantastic guaranteed NET income of $35,228.40 per annum, and increasing to $38,169.15 net per annum in September. The hotel pays for all outgoings (Strata, Water, and Council rates). Run by Accor, Mantra Group operates Hotels, Resorts and Apartments throughout Australia, New Zealand & Indonesia predominantly frequented by business travellers as well as holidaymakers.
Key points:
- Rental income is paid to owner regardless of the occupancy
- The building has been operating serviced apartments since 1999
- Great eastern views of the CBD and the Sydney Tower
- Lots of windows throughout for maximum light, spacious living area
- Large bedroom with built in wardrobe, kitchen with plenty of storage
- Featuring 24hr concierge, on site restaurant and outdoor courtyard
- Near Town Hall/QVB, light rail, city restaurants, cafes and retail
- A short walk to Darling Harbour and Barangaroo
*Please note this property is for investment only and cannot be owner occupied
Contact Bryn Fowler on 0423 663 663 or email bryn@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.
Key points:
- Rental income is paid to owner regardless of the occupancy
- The building has been operating serviced apartments since 1999
- Great eastern views of the CBD and the Sydney Tower
- Lots of windows throughout for maximum light, spacious living area
- Large bedroom with built in wardrobe, kitchen with plenty of storage
- Featuring 24hr concierge, on site restaurant and outdoor courtyard
- Near Town Hall/QVB, light rail, city restaurants, cafes and retail
- A short walk to Darling Harbour and Barangaroo
*Please note this property is for investment only and cannot be owner occupied
Contact Bryn Fowler on 0423 663 663 or email bryn@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.
