NET RETURN OF 6.5% - PHENOMENAL CITY INVESTMENT
Description
Presenting a fantastic opportunity to own an incredible apartment located in the premier Mantra Sydney Central building run by the world-renowned Accor group, perfect for SMSF or investors looking to get themselves a city bolthole. Secure an apartment in a building with a proven track record of incredibly high net returns. Positioned for walk-to-everything convenience with World Square shopping complex only a 160m stroll away and easy access to Belmore Park.
The apartment is currently leased via a short term rental agency and has achieved an annual net return of $46,920.47 = 6.5% net return on the asking price, plus there is scope for improvement.
- Ability to use the apartment on occasion and short term lease to generate income whilst not using it
- Flexibility to short term let or lease through Mantra, fully furnished
- Well appointed, contemporary interiors with two balconies and two bathrooms
- Centrally located building, 24hr concierge (with Mantra Lease), on-site restaurant
- Footsteps to the Capital Theatre, easy walk to Town Hall Station
- Strata: $1,821.40, Council: $242.80, Water: $21.64 – p/q approx.
*For investment only, the apartment cannot be lived in.
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.
The apartment is currently leased via a short term rental agency and has achieved an annual net return of $46,920.47 = 6.5% net return on the asking price, plus there is scope for improvement.
- Ability to use the apartment on occasion and short term lease to generate income whilst not using it
- Flexibility to short term let or lease through Mantra, fully furnished
- Well appointed, contemporary interiors with two balconies and two bathrooms
- Centrally located building, 24hr concierge (with Mantra Lease), on-site restaurant
- Footsteps to the Capital Theatre, easy walk to Town Hall Station
- Strata: $1,821.40, Council: $242.80, Water: $21.64 – p/q approx.
*For investment only, the apartment cannot be lived in.
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.
