MODERN EXECUTIVE 1 BEDROOM IN THE HEART OF THE CBD
Description
A HIGH YIELD is on offer with this large 68sqm furnished apartment with further potential.
A Rare and unique offering to the market, is this immaculately presented one-bedroom fully furnished and equipped apartment which is perfectly located in the premium end of the city CBD and is only a short stroll to Circular Quay, The Rocks and Sydney' bests restaurants, retail, and night spots.
The CBD light rail is at your door step along with Wynyard & Circular Quay train stations, which are both only a few minutes' walk. Situated in the Mantra Hotel, the building includes a sun-drenched roof-top pool with fantastic city views, a gym & hotel restaurant/bar and Concierge, which makes this investment opportunity, one not to miss.
The unit is currently leased to Saville Hotel Group Pty Limited (part of the Mantra / Accor Group) which commenced on 10th March August 2011 and ends on 10th August 2028. - Owners may terminate the lease at any time by giving six months written notice –
Outgoings: Strata: $1,588.63 p/q, Council: $264 p/q, Water: $208.77 p/q approx.
Current rental Income $4482.39 per month/ $53,788.68 per annum, to be increased by CPI in August 2026 and again in August 2027.
A further consideration is the option to take the fully furnished unit out of the hotel arrangement and run as a private rental or serviced apartment/Airbnb, with Mantra being one of only a handful of Airbnb friendly buildings in the CBD and therefor potentially achieve a much higher rental income.
All information contained herein is gathered from sources we deem to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
If you require any further information, please feel free to call or email me thank you.
A Rare and unique offering to the market, is this immaculately presented one-bedroom fully furnished and equipped apartment which is perfectly located in the premium end of the city CBD and is only a short stroll to Circular Quay, The Rocks and Sydney' bests restaurants, retail, and night spots.
The CBD light rail is at your door step along with Wynyard & Circular Quay train stations, which are both only a few minutes' walk. Situated in the Mantra Hotel, the building includes a sun-drenched roof-top pool with fantastic city views, a gym & hotel restaurant/bar and Concierge, which makes this investment opportunity, one not to miss.
The unit is currently leased to Saville Hotel Group Pty Limited (part of the Mantra / Accor Group) which commenced on 10th March August 2011 and ends on 10th August 2028. - Owners may terminate the lease at any time by giving six months written notice –
Outgoings: Strata: $1,588.63 p/q, Council: $264 p/q, Water: $208.77 p/q approx.
Current rental Income $4482.39 per month/ $53,788.68 per annum, to be increased by CPI in August 2026 and again in August 2027.
A further consideration is the option to take the fully furnished unit out of the hotel arrangement and run as a private rental or serviced apartment/Airbnb, with Mantra being one of only a handful of Airbnb friendly buildings in the CBD and therefor potentially achieve a much higher rental income.
All information contained herein is gathered from sources we deem to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
If you require any further information, please feel free to call or email me thank you.
features
- Living Area
- Air Conditioning
- Built-ins
- Furnished
- Carpeted
- Close to Shops
- Close to Transport
- Disabled Access
- Lift Installed
- Pool