PRIME CBD INVESTMENT - HIGN RENTAL RETURNS, SHORT TERM RENTAL/AIR BNB FRIENDLY
Description
On offer is a stunning contemporary 62 m2 serviced apartment positioned in the heart of the CBD. A fantastic set and forget investment, Mantra on Kent pay all outgoings (Strata, Water, and Council), so all you have to do is sit back and enjoy the returns. Located just off Market Street, an easy walk to Darling Harbour, Town Hall Station, Pitt Street Mall, Queen Victoria Building and much more.
- High guaranteed net rental income of $35,407 per year
- Rental income is paid to owner regardless of the occupancy
- The building has been operating serviced apartments since 1999
- Regular CPI rental increases, currently 5.4% return
- Contemporary kitchen with mini fridge, cooktop and oven
- Featuring 24hr concierge, on site restaurant and outdoor courtyard
- Near Town Hall/QVB light rail, Hyde Park and various restaurants
*Current lease to 20 September 2026, with options to renew for further 3X one year leases to Sept 2029.
*For Investment Only. Cannot be owner occupied.
Call 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.
- High guaranteed net rental income of $35,407 per year
- Rental income is paid to owner regardless of the occupancy
- The building has been operating serviced apartments since 1999
- Regular CPI rental increases, currently 5.4% return
- Contemporary kitchen with mini fridge, cooktop and oven
- Featuring 24hr concierge, on site restaurant and outdoor courtyard
- Near Town Hall/QVB light rail, Hyde Park and various restaurants
*Current lease to 20 September 2026, with options to renew for further 3X one year leases to Sept 2029.
*For Investment Only. Cannot be owner occupied.
Call 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.