Renowned as Mantra's premier hotel in Sydney, this building is highly regarded as the top choice for interstate and overseas visitors seeking a convenient base in the heart of the Sydney CBD. Whether you choose to continue benefiting from a Mantra operated hotel investment or make it your permanent residence, this property offers the ideal solution for those needing a CBD home with easy access to nearby offices and city hotspots.
Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the heart of City CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition. This fully furnished serviced executive studio apartment is a managed investment asset currently leased to Mantra Hotels, generating a fixed annual income of $38,563*.
Property Features Include:
- Oversized executive studio with a separate bedroom, kitchen, and living area
- Recently renovated, fully equipped kitchen
- Bathroom with walk-in shower and floor-to-ceiling tiling
- Ducted air conditioning for year-round comfort
- Juliette balcony offering picturesque city views
- Building amenities include a pool, spa with stunning views, sun deck, and gym - Prime location, just a short walk to Wynyard train station, Circular Quay, and Martin Place
Investment Features include:
- Fixed income agreement with annual revenue of $39,312*
- Exclusive membership with Accors Partnership Program
- Discounted Hotel Rates !
- Hassle free passive income stream with full management decisions made on your behalf - set & forget !
- Strong occupancy and low vacancy rates
- Affordable property investment in the heart of the CBD & moments from Wynyard Station.
- Flexible opportunity to lease as an investment or occupy as your CBD base.
Outgoings:
Strata: $1900 per quarter approx*
Council: $264 per quarter approx*
Water: $177 per quarter approx*
Disclaimer: the information provided is for general informational purposes only and is not intended as legal, financial, or real estate advice. While every effort is made to ensure the accuracy of the information, we make no guarantees regarding its completeness or accuracy. Prospective parties are encouraged to conduct their own independent investigations. We are not responsible for any liabilities that arise from use of information provided.
