728/1-3 Valentine Ave , Parramatta NSW 2150

$220,000-$260,000

1 beds

1 baths

Premium Investment Opportunity in Mantra Parramatta

Presenting a fantastic opportunity on level 7th to secure a significant investment with incredible returns located in the heart of the Parramatta CBD, perfect for a long-term investment or self-managed super fund (SMSF) acquisition. This fully furnished studio apartment is a managed investment asset currently leased with Mantra Hotels Parramatta and is estimated to generate approx.. gross revenue. gross revenue of $32,000. the owner receives approx. $17,000 yearly of revenue. Note: The income is not fixed & will fluctuate with travel demand and use of the property.

Property Features Include:
- Spacious bedroom with large window and built-in wardrobe
- Kitchenette with electric cooktop
- Bathroom with bathtub and tiled floor to ceiling
- Ducted air conditioning
- Building amenities include Gym, Pool, Spa, Sauna, Restaurant, Cocktail Bar, Conference rooms, and internet desk Investment Features include:
- Approx. Nett annual revenue of $17,000*
- Exclusive membership with Accor's Partnership Program
- Hassle-free passive income stream with full management decisions made on your behalf

Rate and Levies: $5,500 per annual approx.

Amenities and a walk everywhere setting of the CBD. Enjoy an urban experience like no other-easy walking distance to bus and rail hubs, the CBD and beautiful riverside parklands.

FOR FURTHER INFORMATION PLEASE CONTACT
Alfredo De Assis - 0422 399 541


DISCLAIMER: All information contained herein is gathered from sources we believe to be reliable. However, Remax Hills Lifestyle cannot guarantee accuracy, and interested persons should rely on their inquiries.

Property Details

• Type: Studio
• Bedrooms: 1
• Bathrooms: 1