The ideal city location, corner of Frome and Grenfell Streets. With a secure long term lease in place to Mantra Apartments providing a gross income of $16,574 [approx.], Immaculately presented is this self-contained studio apartment provides a modern lifestyle to enjoy. A pleasantly designed 1 bedroom and separate living space, separate bathroom, and kitchenette alcove. This is a fully furnished apartment, with modern and neutral decor, complete with quality fixtures and fittings.
Take the hassle out of finding tenants and leave the worry to Mantra, this is the low risk, buy and forget investment with a great return. Reap future rewards with this superb city location, minutes to Adelaide University, Rundle Street Cafes and Shopping precinct.
Why invest in Mantra on Frome?
- High income-generating investment, with steady returns as evidenced by accounts from previous financial years;
- Apartment comes fully furnished;
- No-maintenance concerns or tenant selection headaches that are standard fare with the average residential property.
With a ‘Trip Advisor’ rating of 4 out of 5, you can buy with confidence knowing that this Hotel is well received by the public. Whether you are looking for your first investment or addition to your portfolio, this could be ideal for you. Call to view a brilliant investment right in the heart of Adelaide!