IDEAL BLUE-CHIP INVESTMENT IN MANTRA, 4% NET RETURN
Description
Presenting an ideal opportunity to own a versatile, blue-chip investment in the sought-after Mantra building, positioned in the premium end of the city, near Circular Quay. The apartment is in the hotel pool with no management fees to pay, low strata, high net returns along with proven capital growth.
Current return is $35,455.08 per annum. There are regular CPI increases and market review periods built into the lease, the income is paid to the owner each month.
- 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: $998 p/q, Council: $237 p/q, Water: $167 p/q
To enquire or inspect please contact Bryn Fowler 0423 663 663 or 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.
Current return is $35,455.08 per annum. There are regular CPI increases and market review periods built into the lease, the income is paid to the owner each month.
- 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: $998 p/q, Council: $237 p/q, Water: $167 p/q
To enquire or inspect please contact Bryn Fowler 0423 663 663 or 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.
