Mantra Parramatta

Newly Refurbished Unit | A Cut Above The Rest

$320,000 excl. GST

Positioned in the heart of Parramatta's thriving CBD, this fully furnished unit is leased as Short Term Rental Accommodation. Recently refurbished with high-end designer furniture and appliances, this unit is perfect for investors. The owner has spent a substantial amount upgrading the furnishings and appliances within. The property leases quickly as there is extremely high demand for short term rentals in the Parramatta area. Additionally, it boasts its internal laundry, proximity to transport, short stroll to Parramatta Westfield, railway station, parks and surrounding esteemed schools.

Property features include:

- Ducted air-conditioning system
- Bright sunny outlook from balcony
- Designer Globe West furniture
- LG 50-inch 4k Smart TV
- High-end kitchen appliances
- Swimming pool & outdoor spa
- Spacious design
- Close proximity to shops, parks and surrounding community facilities

Outgoings:

- Council: $847.34 / p.a.
- Strata $1,554.40 / quarter
- Water $180.00 / quarter
- Gas $150.00 / quarter

Subject to existing tenancies.

To maximise rental return, this property is leased independently through a Real Estate Agent and not managed / leased through Mantra / Accor. Mantra / Accor offer long-term leases, however their "guaranteed" rental returns are significantly less.

Current rent: $610.00 per week.

Agent's Interest.

Disclaimer: The information contained in this advertisement/listing does not form part of any offer, contract or advice. Information has been supplied by third parties, including the owner and/or other consultants. Some may constitute opinion. Whilst care has been taken in its preparation and use, no representation or warranty is made for the accuracy of the whole or any part. Interested persons are advised to perform their own due diligence, make their own enquiries and satisfy themselves in all respects