Great Investment Opportunity-Solid Investment Return.

The Mantra on Kent, is a superbly maintained building situated in the heart of Sydney CBD, minutes walk from Darling Harbour, Cockle Bay and King Street Wharf, the Entertainment Centre, Queen Victoria Building and City retail precinct, restaurants and live entertainment.

- Large East facing fully serviced 1 bedroom apartment.
- Generous 62sqm layout
- Open plan lounge, dining and study.
- Air Conditioning, kitchenette and internal laundry.
- Interiors flow through sliding doors to a dual entry balcony.

This apartment is leased by Kent Street Suites Pty Ltd, trading as “Mantra on Kent”.

Net rent income after outgoings is $1,536.73 per month with CPI increases; the Lease expires in September 2014 with another 5 year option. The tenant pays all outgoings and internal property maintenance.

Hotel style facilities include:24 hour front desk reception, function and conference rooms, mezzanine cafe and serene outdoor courtyard.

The approximate outgoings
Strata: Admin $186.83 per month paid by the tenant.
Sinking $58.03 per month paid by the owner.
Water: $152.02 per quarter paid by the tenant.
Council: $144.40 per quarter paid by the tenant.