Immaculately presented is this self-contained studio apartment provides a modern lifestyle to enjoy. A pleasantly designed 1 bedroom & living space, separate bathroom, and kitchenette alcove. This is a fully furnished apartment, with modern and neutral decor, complete with quality fixtures and fittings.
Brilliantly located in Adelaide’s vibrant East End, and enjoy the many benefits of a convenient and central location just a short stroll to Rundle Mall, CBD and the cosmopolitan lively alfresco dining strip of Rundle Street.
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.
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.
A secure long term lease is in place to Mantra Apartments, with an approximate annual gross income of $14,400.
With all these great features, it’s a must-inspect for anyone on the lookout for a perfect, hassle-free investment.
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FAQ
Please read this section prior to making an enquiry.
Q: Can I live in apartment 409?
A: No, this apartment is leased back to the Mantra Hotel Group and should be considered as an investment opportunity only.
Q: What is the term of the lease?
A: The current lease term ends December 2019, with 2 x 5 year options to renew. Please contact the Agent for more information regarding the lease.