1306/1-3 Valentine Avenue, Parramatta NSW 2150

This stylish fully furnished one bedroom apartment is located in the heart of Parramatta’s lively CBD and Shopping precinct. It is less than a 2 minute’s walking distance to Parramatta Railway & Bus Station & Westfield Shopping Centre.


Monthly Gross Rental Income of Approx. $1,923.00 Permanent fixed minimum income paid BY MANTRA. Net return after the Mantra fees is $1,849.00 Per Calendar Month.

Lease term for this unit is five (5) Years X 5, with rental income increase of 4% (CPI) every 2 Years. 4% increase from this November 2017.

It is currently leased through Mantra Hotels Apartments.

Total lot area is approximately 55m2 in size including the balcony.
(NO CAR SPACE INCLUDED ON THIS LOT)

Mantra pays for the Strata Fees, Council Rates & Sydney Water Rates and their own management fees are taken out before you get the net amount in your hand or bank account.

This fantastic size unit is located on level 13 facing with South/East aspect with beautiful views across Sydney CBD, Sydney Harbour Bridge & Centre Point Tower.

The property is offered for sale with a long term lease and will automatically continue with ongoing 5 year lease. You will not be able to live or move into this apartment.

Mantra is a Serviced Hotel with furnished apartments providing short or long term guest accommodation.

Features included but not limited:-
+ Outdoor swimming pool & spa, gymnasium room, Ivory Restaurant & cocktail-bar plus conference room/s, 24 hour reception plus internet service desk area.

+ The apartment comprises of modern furniture which is stylish & subtle. The separate one bedroom is generous in size, with built-ins.

+ The bathroom and kitchen are wonderfully designed as they make tremendous use of the space.
+ The apartment feels spacious and inviting, the kitchen has 2 X hot plates, range-hood, microwave & a large fridge plus mini-bar.

+ The bathroom has a granite counter top surrounding the large basin, a combined shower & bath plus internal laundry with dryer & washing appliances included.

+ Enjoy the balcony which allows the cross flow breeze throughout the unit. Ducted A/C system, intercom system and lift access to all levels including basement visitor parking is all included.

+ The location of this property is paramount; its personality lies in its surroundings. 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 is currently undergoing a well-deserved face-lift as the City Centre is turning into a Metropolis, many businesses and corporations are moving offices to the area as the Western corridor grows and more properties are being built in the surrounding suburbs, residents no longer need to travel to Sydney’s CBD.

Parramatta is growing and prices will rise to reflect it new status in the future.
If you are looking to borrow money from the bank, please make sure they have all the facts regarding the size of this unit and the current lease terms and conditions.

If you would like more information please contact the “Your Local Property Specialist"
Shaman Singh on 0415 216 550 or email [email protected]

Disclaimer: We have been furnished with the above information, however, Laing + Simmons Blacktown gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.