This immaculately presented one bedroom serviced apartment in Mantra on Kent is currently returning a fantastic guaranteed NET income of $32,513.04 NET per annum, while the hotel pays for all outgoings (Strata, Water, and Council rates). Exceptional Mantra Group operates Hotels, Resorts and Apartments throughout Australia, New Zealand & Indonesia predominantly frequented by business travellers as well as holidaymakers.
Key points:
- High guaranteed net rental income of $32,513.04 per annum
- Rental income is paid to the owner regardless of the occupancy
- The building has been operating serviced apartments since 1999
- Lots of windows throughout for maximum light, spacious living area
- Large bedroom with built in wardrobe, kitchen with plenty of storage
- Featuring 24hr concierge, on site restaurant and outdoor courtyard
- Near Town Hall/QVB light rail, Hyde Park and various restaurants
*Please note this property is for investment only and cannot be owner occupied
Contact 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.