203/1-3 Valentine Avenue, Parramatta, NSW 2150

Bedrooms
1
Bathrooms
1
Type
Apartment

Last updated on Saturday, April 20, 2024

$245,000

203/1-3 Valentine Avenue, Parramatta, NSW 2150 - More Details

$245,000

Inspections available via private appointment, please contact the agent to arrange inspections. Virtual Tour available via this advertisement, please click the link !

Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the heart of the Parramatta CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition.

This fully furnished one bedroom is a managed investment asset currently leased to Mantra Hotels Parramatta generating a gross revenue of $53,854* within the last 12 months, with the owner receiving 50% of the apartments revenue, minus expenses.

Note: The monthly income, is not fixed & can fluctuate with travel demand and use of the property.

Property Features Include:

- Spacious bedroom with large window and built in wardrobe
- Kitchenette with electric cooktop
- Bathroom with bathtub and tiled floor to ceiling
- Ducted air conditioning
- Building amenities include Gym, Pool, Spa, Sauna, Restaurant, Cocktail Bar, Conference rooms, internet desk

Investment Features include:

- Approx gross annual revenue of $53,855*
- Exclusive membership with Accors Partnership Program
- Exclusive use of the property 14 nights per annum with access to building amenities
- Hassle free passive income stream with full management decisions made on your behalf - set & forget !
- Inventory of furniture included with the sale of the property

Note: This property is zoned for short term letting and can not be lived in fulltime - For investment purchase only.

Outgoings -

Strata: $1,827 per quarter
Council: $212 per quarter
Water: $167 per quarter
Type
Apartment
Bedrooms
1
Bathrooms
1

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203/1-3 Valentine Avenue Parramatta NSW 2150

Property FAQs

How many bedrooms does the property listed 203/1-3 Valentine Avenue, Parramatta, NSW 2150 feature?

203/1-3 Valentine Avenue, Parramatta, NSW 2150 is a 1 bedroom Apartment.

What are the standout features of the 203/1-3 Valentine Avenue, Parramatta, NSW 2150?

Explore all key property features for 203/1-3 Valentine Avenue, Parramatta, NSW 2150. Click here to find out more.

What is the total land area and built-up area of the 203/1-3 Valentine Avenue, Parramatta, NSW 2150?

The total land area and built-up area of the 203/1-3 Valentine Avenue, Parramatta, NSW 2150 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 203/1-3 Valentine Avenue, Parramatta, NSW 2150?

There were no car spaces found on the listing for 203/1-3 Valentine Avenue, Parramatta, NSW 2150.

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