Located in the heart of Sydney CBD, 3 x 1 bedroom apartments and 2 studios currently leased to “Mantra on Kent” for hotel operation in a 5+5 year lease which commenced on 21/09/2009.

The two studios are 30sqm each, and the 1 bedrooms are 44sqm, 53sqm and 61sqm.

The vendor prefers to sell all five units in one line at the asking price of $1.75M. By buying the properties together, a discount has been included. The net rental return per annum is $88,704.30. There will also be rent reviews in 2011 and 2013.

Inspections by appointment only.