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For sale
Apartment • 2mo
$190,000
128/1-3 Valentine Avenue, Parramatta, NSW, 2150, Australia
1
1
Nearest stations
T1
Parramatta
198M (3 mins)
T1
Harris Park
446M (6 mins)
T6
Rosehill
1.5KM (19 mins)
Property Features
- Furnished
- Built-in Robes
- Air Conditioning
About this Property
Unit 128, Mantra Parramatta -
Inspections available via private appointment, please contact the agent to arrange inspections.
Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the heart of the Parramatta CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition.
This fully furnished hotel room is a managed investment asset currently leased to Mantra Hotels Parramatta generating a gross revenue of $45,411* within the last 12 months, with the owner receiving 50% of the apartments revenue, minus expenses.
Note: The monthly income is not fixed & can fluctuate with travel demand and use of the property.
Property Features Include:
- Spacious bedroom with large window and built in wardrobe
- Kitchenette with electric cooktop
- Bathroom with bathtub and tiled floor to ceiling
- Ducted air conditioning
- Building amenities include Gym, Pool, Spa, Sauna, Restaurant, Cocktail Bar, Conference rooms, internet desk
Investment Features include:
- Approx gross annual revenue of $45,411*
- Exclusive membership with Accors Partnership Program
- Exclusive use of the property 14 nights per annum with access to building amenities
- Hassle free passive income stream with full management decisions made on your behalf - set & forget !
- Inventory of furniture included with the sale of the property
Note: This property is zoned for short term letting and can not be lived in fulltime - for investment purchase only.
Outgoings -
Strata: $1,402 per quarter approx.
Council: $212 per quarter aprrox.
Water: $180 per quarter approx.
Inspections available via private appointment, please contact the agent to arrange inspections.
Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the heart of the Parramatta CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition.
This fully furnished hotel room is a managed investment asset currently leased to Mantra Hotels Parramatta generating a gross revenue of $45,411* within the last 12 months, with the owner receiving 50% of the apartments revenue, minus expenses.
Note: The monthly income is not fixed & can fluctuate with travel demand and use of the property.
Property Features Include:
- Spacious bedroom with large window and built in wardrobe
- Kitchenette with electric cooktop
- Bathroom with bathtub and tiled floor to ceiling
- Ducted air conditioning
- Building amenities include Gym, Pool, Spa, Sauna, Restaurant, Cocktail Bar, Conference rooms, internet desk
Investment Features include:
- Approx gross annual revenue of $45,411*
- Exclusive membership with Accors Partnership Program
- Exclusive use of the property 14 nights per annum with access to building amenities
- Hassle free passive income stream with full management decisions made on your behalf - set & forget !
- Inventory of furniture included with the sale of the property
Note: This property is zoned for short term letting and can not be lived in fulltime - for investment purchase only.
Outgoings -
Strata: $1,402 per quarter approx.
Council: $212 per quarter aprrox.
Water: $180 per quarter approx.
Gallery
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Thomas (Tom) Jones
Village Property
+ 61 0402 829 463
Tom Jones | Serviced Apartments
Village Property
+ 61 0402 829 463
Tom Jones | Serviced Apartments
Village Property
+ 61 0402 829 463
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More Details on 128/1-3 Valentine Avenue, Parramatta NSW
How many bedrooms and bathrooms does 128/1-3 Valentine Avenue, Parramatta have?
128/1-3 Valentine Avenue, Parramatta is a 1 bedroom, 1 bathroom apartment.
Who is the agency that listed 128/1-3 Valentine Avenue, Parramatta?
The agency who listed 128/1-3 Valentine Avenue, Parramatta is Village Property - you can contact the agents here.
How many car spots does 128/1-3 Valentine Avenue, Parramatta have?
128/1-3 Valentine Avenue, Parramatta is a 0 car spot home.
How much is 128/1-3 Valentine Avenue, Parramatta?
The price of 128/1-3 Valentine Avenue, Parramatta is $190,000 - contact the agents to find out more.