428/1-3 Valentine Avenue, Parramatta, NSW, 2150, Australia

Inspections available via private appointment, please contact the agent to arrange inspections. Virtual Tour available via this advertisement, please click the link !

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 studio room is a managed investment asset currently leased with Mantra Hotels Parramatta and is estimated to generate a gross revenue of $46,660*, with the owner receiving 50% of the apartments revenue.

Note: The monthly income is not fixed & will 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 $46,660*
- Exclusive membership with Accors Partnership Program
- Exclusive use of the poperty 14 nights per annum with access to building amenities
- There is the option to short term lease with airbnb, stayz & other short term providers
- Hassle free passive income stream with full management decisions made on your behalf - set & forget !

Note: This property is zoned for short term letting and can not be lived in fulltime - For invesment purchase only.