Centrally located within the Mantra Building on Bond Street, this well presented serviced apartment offers great investment opportunity with modest fees and a guaranteed annual income paid by hotel regardless of occupancy rates. Lease is signed with Saville Hotel till 2018 with options to renew till 2028. Flexibility to terminate the lease with 6 month notice and annual rent review each August.
Features:
- Spacious Open plan living and dining at 46sqm.
- Central city location handy to Circular Quay, The Rocks, ASX and Wynyard Station.
- The apartment also features secure keyless entry and is air-conditioned.
- Hotel facilities including a rooftop pool, BBQ, gymnasium and spa.
- Room service food & beverage services are available from the Lobby cafe.
- Current Rental Income is $3,558.73 per month with rental review increase coming up in August.
Approximate Outgoings:
Strata: $860.43/pq for unit + $149.24/pq for carspace
Council: $202/pq
Water: $180.35/pq
Contact:
Ada Wan 0401 503 189 or 02 9289 8901
ada.wan@raywhite.com
