Set & Forget Investment, Guaranteed Rental, Regular Rental Increases
Description
Blue chip investment opportunity situated in the tightly-held Mantra building, located only a short walk to Circular Quay and The Rocks . The apartment is in the hotel pool with no management fees to pay, low strata, high net returns along with a proven history of capital growth. Current return is $31,729.32 per annum. There are regular CPI increases and market review periods built into the lease, the income is paid to the owner each month.
- Option to take out of the hotel and short term lease with returns up to $58,000 (8.4% return) net per year
- Proven track record of high growth and high rental yields
- Guaranteed income with lease options running through to 2028
- Owner has ability to exit hotel lease with 6 months’ notice
- Regular CPI & Market Reviews scheduled throughout the lease
- Renovated apartment with dedicated living room & bedroom area
- Building features pool & spa with stunning views, sun-deck, gym
- Located across the road to Bridge St light rail, 24 hour Concierge
Strata: $906 p/q - approx.
Water: $167 p/q - approx.
Council: $237 p/q - approx.
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
- Option to take out of the hotel and short term lease with returns up to $58,000 (8.4% return) net per year
- Proven track record of high growth and high rental yields
- Guaranteed income with lease options running through to 2028
- Owner has ability to exit hotel lease with 6 months’ notice
- Regular CPI & Market Reviews scheduled throughout the lease
- Renovated apartment with dedicated living room & bedroom area
- Building features pool & spa with stunning views, sun-deck, gym
- Located across the road to Bridge St light rail, 24 hour Concierge
Strata: $906 p/q - approx.
Water: $167 p/q - approx.
Council: $237 p/q - approx.
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
