This contemporary, fully furnished one-bedroom apartment is superbly situated in the heart of Parramatta’s thriving central business and retail precinct, within a short two-minute walk to Parramatta Railway and Bus Stations and Westfield Shopping Centre.

The property presents a secure long-term investment opportunity, generating a fixed gross rental income of approximately $2,724 per month, paid directly by Mantra Hotels. Following the deduction of management fees, the net return is approximately $1,898 per calendar month.

The property is offered for sale with a long-term lease agreement in place, which will automatically renew under the existing five-year arrangement. Please note that this property is strictly an investment-only opportunity, as owner-occupation is not permitted under the current lease terms. The apartment is leased and professionally managed by Mantra Hotel Apartments, providing investors with stable returns and minimal management obligations.

Features:
• Level 6, north-west facing aspect capturing light and outlook in a premium city-centre position
• One spacious bedroom with built-in robe, open-plan living and dining
• Well-appointed kitchenette and modern bathroom-designed for ease and low-maintenance living
• Ideal either as a lifestyle base or a high-yield investment, thanks to the building’s short-term letting potential
• Total area is 25m²
• No carspace

Outgoings:
Strata: ~$1520/qtr | Council: ~$345/qtr | Water: ~$218/qtr

For further information or to arrange a private inspection, please contact:
Tommy Ha on 0426 525 522 or Allana Kazzi on 0416 655 073.

Disclaimer: Raine & Horne Parramatta advise the information displayed in this advertisement has been received through a third party. We have used our best endeavors to ensure the information contained in this advertisement is accurate and true however we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements which may be contained. Interested parties are urged to make independent enquiries to verify any information detailed or not stated in this advertisement.