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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-managed 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 $67,889.62*.
Features Include:
- Executive Two-Bedroom Residence: Thoughtfully designed with an open-plan kitchen and living area
- Modern Renovation: Recently upgraded with sleek, contemporary finishes
- Stylish Bathroom: Features a walk-in shower and elegant floor-to-ceiling tiling
- Ducted Air Conditioning: Ensures year-round comfort in every season
- Breathtaking City Views: Enjoy scenic vistas from the comfort of your home
- Luxury Amenities: Access to a pool, spa with panoramic views, sun deck, and fully equipped gym
- Unbeatable Location: A short stroll to Wynyard Station, Circular Quay, and Martin Place
Investment Features include:
- Fixed income agreement with annual revenue of $67,889.62*.
- 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.
Outgoings -
Strata: $2341 per quarter approx*
Council: $254 per quarter approx*
Water: $180 per quarter approx*