2405/433 Kent Street, Sydney NSW 2000

Under Offer
The Mantra on Kent, is a superbly maintained building situated in the heart of Sydney CBD, ideally positioned on the door step of Darling Harbour, mins walk to Cockle Bay, King Street Wharf, Casino, Queen Victoria Building and City retail precinct, function venues and bars.
West facing fully serviced apartment, located on level 24 with beautiful water views.
Internal size 44 square meters.
Living/Bedroom with built-in Wardrobes.
Ultra-modern bathroom.
Reverse cycle air-conditioning, kitchenette and internal laundry.
This apartment is leased by Kent Street Suites Pty Ltd, trading as "Mantra on Kent".
Net rent income after all the outgoings is $1831.04 per calendar month with CPI increases.
Mantra pays outgoings including strata levies, council rates and water rates each year.
Current term expires September 2019.
After the lease expires, the owner can take over the management or appoint a real estate agent to mange the unit.
Facilities include from 24 hours desk reception, function and conference rooms, mezzanine caf?, and serene outdoor courtyard.
The approximate outgoings:
Strata: Admin $130.42 per month
Sinking $69.56 per month
Water: $180.35 per quarter
Council $194.30 per quarter