Renowned as Mantra's premier hotel in Sydney, this building is highly regarded as the top choice for interstate and overseas visitors seeking a convenient base in the heart of the Sydney CBD. Whether you choose to continue benefiting from a Mantra-managed hotel investment or make it your permanent residence, this property offers the ideal solution for those needing a CBD home with easy access to nearby offices and city hotspots. Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the heart of City CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition. This fully furnished serviced executive studio apartment is a managed investment asset currently leased to Mantra Hotels, generating a fixed annual income of $40,130*. Property Features Include: - Oversized executive studio with a separate bedroom, kitchen, and living area - Recently renovated, fully equipped kitchen - Bathroom with walk-in shower and floor-to-ceiling tiling - Ducted air conditioning for year-round comfort - Juliette balcony offering picturesque city views - Building amenities include a pool, spa with stunning views, sun deck, and gym - Prime location, just a short walk to Wynyard train station, Circular Quay, and Martin Place Investment Features include: - Fixed income agreement with annual revenue of $40,130* - Exclusive membership with Accors Partnership Program - Discounted Hotel Rates ! - Hassle free passive income stream with full management decisions made on your behalf - set & forget ! - Strong occupancy and low vacancy rates - Affordable property investment in the heart of the CBD & moments from Wynyard Station. Outgoings - Strata: $1900 per quarter approx* Council: $243 per quarter approx* Water: $180 per quarter approx*
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