523/1-3 Valentine Avenue, Parramatta NSW 2150

Property Details: • Type: Studio

• Bedrooms: 0 • Bathrooms: 1

Description: Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the Mantra Parramatta building. This studio offers the lucrative option to short term lease with platforms such as Airbnb, Booking.com and more, which allows you to earn on a per nightly basis and capitalise on one of the highest return methods currently available in residential leasing. It also includes the added benefit of being able to be used between bookings if needed. The apartments estimated net returns are $26,304.92 - $31,820.92 = 11% - 13.3% net return through a specialised short term leasing company, there is no need to get involved with the management side of things in order to capitalise on the massive returns, let the short term management company handle everything for you and enjoy the income! - Currently leased through Mantra hotel, the apartment has generated a net return of $15,268.78 = 6.3% net return - Option to use a specialised short-term leasing agency or continue with the Mantra lease - The perfect property for SMSF, investors or buyers looking for a city pad - Large windows with bright northern views, ducted air conditioning - Spacious open plan layout, full sized bathroom, and kitchenette - Access to pool, spa, gym, sauna, conference room, onsite restaurant and more - 250m away from Westfield shopping centre and 300m from Parramatta station *For investment only, the property cannot be lived in. Call Brenden Taliana on 0402 634 828 or email [email protected]. All information contained herein is gathered from sources we deem to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.