The Medina at Martin Place’ – This professionally managed, fully furnished one bedroom serviced apartment is an ideal opportunity for Self Managed Super Funds and investors searching for a no fuss residential investment property in a blue chip location.

Spacious 56m2 one bedroom apartment with large balcony.

Add this little gem to your property portfolio and enjoy a stress free investment with no vacancy or outgoings to worry about!

Monthly distributions are paid to owners based on the pooled occupancy of all apartments in the building.
Current owner received $25,100 net return last financial year after all costs and outgoings are deducted. Average return over last 5 years is $20,000 NET PA.

With a secure 10 year lease in place (expires on 31 December 2022) and the tenant paying all outgoings this is a fantastic addition to your investment portfolio.

The Medina are a leading serviced apartments operator catering to the business and holiday market with hotels in 21 locations throughout Australia.

Extremely strong occupancy rates delivering fantastic net returns to owners, without the headaches and fuss of a traditional investment property.

Owners of the Medina enjoy strong income without the associated headaches & managing costs – a rare offering.

- NO STRATA RATES
- NO COUNCIL RATES
- NO WATER RATES
- NO AGENCY FEES

Just an easily maintained investment without the hassles!
The Medina has been successful operating for over 12 years and consistently providing fantastic returns to owners.

An extremely popular choice for the Medinas largely corporate and holiday clients due to the quality of the apartments & fit outs and of course the superb location it enjoys nestled within Martin Place, Sydney’s best shopping, restaurants, cafes, and only moments to Martin Place train station. Also an easy walk to the Botanical Gardens & the Rocks.

The apartment itself features;

- Spacious living areas to large entertainers’ balcony
- Generously sized bedroom with built-ins and balcony access
- Chic bathroom
- Modern kitchen with stainless steel gas appliances, SMEG dishwasher and microwave, plenty of bench & cupboard space
- Ducted air-conditioning throughout
- Internal laundry with washing machine & dryer
- Fully furnished & equipped
- 56m2

This apartment is for investors only and cannot be owner occupied.

To enquire or inspect please call Bryn Fowler on 0423 663 663