Investors will love the excellent returns, low outgoings and quality of this low maintenance style investment opportunity.
Currently professionally managed by The Mantra, this immaculate studio apartment returns $25,829.28 per annum currently. Strata levy is only $580 per quarter.
Ideal for investors seeking a superbly located investment property with a guaranteed income stream with no vacancy and no management fees to pay.
This great apartment offers great flexibility to owners:
- Leasing under the hotel scheme
- Leasing via reputable agency
- Or move in yourself
Also a great city pad or base whilst in town, you can move into it yourself and enjoy the city life, or make use of it around short term tenancies ( current lease can be terminated with 6 months notice)
The apartment itself features;
- Deluxe furniture package with queen ensemble
- Luxury finishes throughout
- Immaculately presented and impeccably maintained
- Built in wardrobes
- Secure keyless entry
- Fully air conditioned
- Deluxe kitchen with granite bench tops
- Stainless steel smeg appliances
- Marble bathroom with full laundry facilities
Residents enjoy the Hotel facilities including a rooftop pool, BBQ, gymnasium and spa. Room service food and beverage services are available from the Lobby Cafe.
Contact Bryn Fowler on 0423 663 663 or bryn@sydneycoveproperty.com for enquiries or to arrange an inspection.