Property ID: 8686995
SOLD SOLD SOLD
WE HAVE JUST SOLD THIS STUDIO SIZE APARTMENT IN THE MANTRA HOTEL APARTMENTS FOR THE ABOVE LISTED PRICE.
MANY OTHER BUYERS HAD MISSED OUT.
WE NEED MORE PROPERTIES FOR SALE!
BUYERS ARE WAITING TO BUY!
LIST YOUR PROPERTY WITH RAINE & HORNE PARRAMATTA- SHAMAN SINGH “0429 039 5443”
IDEAL INVESTMENT PURCHASE ONLY “CAN’T LIVE IN IT”
This stylish fully furnished studio apartment located in the heart of Parramatta’s lively CBD and shopping precinct is an ideal investment opportunity.
INVESTMENT BUY ONLY!
BUYERS CAN NOT LIVE IN THESE UNITS PERMANENTLY.
Monthly Gross Rental of Approx $1,373.44.
GUARANTEED NET RENTAL INCOME APPROX. $1,309.11 Per Calendar Month.
Lease term is for five (5) Years X 3 Terms. ( Total of 15 Years) Mantra will automatically renew at end of lease.
PLUS – Rental CPI increase of 4% Every 2 Years. approx. 30m2 in total area.
Mantra pay’s for your strata fees, Council Rates and Sydney Water Rates.
Located on level 6 facing South/West Aspect over looking the local Council Parramatta Council Play-grounds.
The property is offered with a long term lease with the Mantra Hotel as tenants.
The Mantra Parramatta hotel features include: A swimming pool and spa, gym, restaurants and conference room.
The apartment comprises of modern furniture designed not to date and is stylish and subtle. The bedroom is generous in size, has a fantastic king sized bed with a large window overlooking Parramatta and beyond!
The bathroom and kitchen are wonderfully designed as they make a tremendous use of the space, the apartment feels spacious and inviting, the kitchen has a hot plate and range hood, microwave and concealed fridge. The bathroom has a granite counter top surrounding the large basin, drying rail , great sized shower and intercom phone -so you can answer the phone while on the toilet.
The location of this property is paramount its personality lies in its surrounding! Parramatta is a vibrant City Centre currently undergoing a landmark progression development and gentrification, building renovations and new developments are on the rise.
The Parramatta Rive Bank will be undergoing a well deserved face-lift as the City Centre is turning into a metropolis, many businesses and co-corporations are moving offices to the area as the western corridor grows and more homes are being built in the surrounding suburbs, residence no longer needs to travel to Sydney’s CBD, Parramatta is growing and prices will rise to reflect it new status in the future.
Parramatta is growing and prices will rise to reflect it new status in the future.
Don’t waste one minute thinking of buying this fantastic STUDIO APARTMENT!
Take action now, opportunities like this rarely come-by in this price range.
BUYER’S MUST CONTACT AGENT FOR COPY OF CONTRACT AND VIEWING TIMES.
PLEASE NOTE THIS PROPERTY WILL NOT LAST LONG ON THE MARKET.
FIRST BUYER TO SEND US AN UNCONDITIONAL SIGNED CONTRACT WITH 10% DEPOSIT WILL SECURE THE PROPERTY.
*BUYERS WHO ARE BORROWING MONEY MUST MAKE INQUIRIES FROM THE BANK OR BROKER ABOUT THE TOTAL UNIT AREA. PLEASE DOUBLE CHECK IF THE BANKS WILL LEND YOU THE MONEY BASED ON THE TOTAL UNIT AREA. WHICH IS AN APPROX. of 30m2 IN SIZE. (SEE CONTRACT UNDER LOT NUMBER)
MAKE US AN OFFER THE OWNER CAN’T REFUSE.
Email your request of contract and exchange contracts with 10% deposit.
CONTACT EXCLUSIVE LISTING AND MARKETING AGENT:
A: SHAMAN SINGH
M: 0429 039 544
E: [email protected]
“YOUR LOCAL REAL ESTATE PROPERTY SPECIALIST”
DISCLAIMER: All information contained herein is gathered from sources we believe to be reliable. However, Raine & Horne Parramatta Real Estate, cannot guarantee it’s accuracy and interested persons should rely on their own inquiries.
|Building / Floor Area||30 sqm|
|R&H Suburb SummaryHouses|
|Number of sales||50|
|Median Rental Price||$500 p.w.|
|Change in Rental Rate (5yr)||14 %|
|R&H Suburb SummaryUnits|
|Number of sales||747|
|Median Rental Price||$470 p.w.|
|Change in Rental Rate (5yr)||21 %|