2405/433-435 Kent Street, Sydney

This property is a unit situated in 103/SP61376 Sydney NSW. Comparable sales have been around $655,000. Constructed in 1995, it has 1 bedroom, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
481 m2
Building size
44 m2
Council area
Sydney
Year built
1995
Lot plan
103/SP61376 Sydney NSW
House type
Unit: Standard



HISTORY

Last sold 28/06/2018
$510,000



LISTING DESCRIPTION
as of June 2018

Set & Forget Investment - 4.5% NET Return Guaranteed This immaculately presented one bedroom serviced apartment in Mantra on Kent is currently returning a fantastic income of $23,871 per annum guaranteed. Mantra on Kent pay all outgoings (Strata, Water, and Council) and internal maintenance.Key points:*Purchase with confidence, rental income is paid to owner regardless of occupancy (which is very high)*The building has been successfully operating serviced apartments since 1999*Mantra Group operates Hotels, Resorts and Apartments throughout Australia, New Zealand, Indonesia*The current lease expires in September 2019Contemporary in style this 44m2 serviced apartment is positioned in the heart of the CBD just off Market Street, an easy walk to Darling Harbour, Westfield Shopping Centre, Pitt Street Mall, Queen Victoria Building, Sydney Convention and Exhibition Centre.Mantra on Kent (refurbished 2013) provides 24 hours desk reception, function and conference rooms, mezzanine cafe and serene outdoor courtyard.Please note that this property cannot be owner occupied and is for investment only.Contact Bryn Fowler 0423 663 663 for more details or a time to inspect.