913/10 Brown Street Chatswood, NSW 2067

Located on the 9th floor of this contemporary hotel, this large stylish and fully serviced apartment represents the ultimate secure, hassle free investment opportunity. Leased to The Mantra Hotel Group until 2019, this apartment provides you with immediate net income of $1,226.18 per month (gross $1,388.17pm). Based on the Gross Rent, that is a 5.7% return with no vacancy periods!

Just 11 kms from Sydney's CBD, the net rental return of $1,226.18 per month is after deducting all outgoings and is deposited to your banking account monthly. Total net annually $14,714.16.

Owners cannot live in these serviced apartments until all agreed lease options with Mantra Hotel are expired in 2019. Rental rate is reviewed yearly each November. Located in the heart of Chatswood CBD, a minutes walk to Chatswood train station, bus interchange, restaurants and shops & a late night Woolworths at the Interchange.

+ Large bedroom with built in robe
+ Main bathroom with bath, shower - + Large balcony
+ Separate internal laundry
+ Building Facilities include: Indoor heated pool, spa, sauna, gym & restaurant + Fully furnished and maintained by Mantra Hotel -
+ No vacancy rates with high rental yield

Inspections by appointment only.
Please contact Andrew Cary on 0409 822 494

AGENTS INTEREST