713 or Lot 122/1-3 Valentine Avenue, Parramatta NSW 2150

This fully serviced studio apartment is positioned within the prestigious Mantra Hotel and located on the top floor of the building situated on corner of Parkes Street and Valentine Avenue. Offering luxurious modern living throughout. Currently leased to the Mantra Hotel for a secure income return of approximately $16,009.56 net per annum. With CPI increase of 4% every second year, showing a net income return of over 5.8% per annum. Luxury 4.5 star rating boasting quality restaurant and bar, conference room, a magnificent swimming pool, gym, barbeque area, parking facilities and within a walking distance to major amenities.

-Long term lease with options over 20 years.
-Fully furnished spacious studio.
-Modern bathroom and kitchenette.
-Ducted air conditioning.
-Net monthly rent paid - $1,334.13 (approx)
-Only minutes to Parramatta Westfield shopping centre, Parramatta train and bus station, river and wharf.