Unit 311, Mantra Sydney Central - 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 City CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition. This fully furnished serviced studio apartment is a managed investment asset currently leased to Mantra Hotels, Sydney Central generating a gross revenue of $85,939.23* (March 23 - Feb 24), with the owner receiving 50% of the apartments revenue, minus expenses and outgoings. 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 Investment Features include: - Approx gross annual revenue of $85,939.23* - Exclusive membership with Accors Partnership Program - Discounted Hotel Rates ! - Exclusive use of the property 14 nights per annum - Hassle free passive income stream with full management decisions made on your behalf - set & forget ! - Strong occupancy and low vacancy rates - Affordable property investment in the heart of the CBD & moments from Central Station. - 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: $1039 per quarter Council: $972 per quarter Water: $21 per quarter