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Apartment

214/10 Brown Street Chatswood, NSW 2067

Sold for $365,000 on 14 Mar 2016
  • 1 Bed
  • 1 Bath
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Apartment in Chatswood

Affordable Investment with Guaranteed Rental

  • 1 Bed
  • 1 Bath

Chatswood 'Mantra' - Affordable investment property with high rental yield, guaranteed monthly rental income, no vacancy and a great potential for future capital gains.

Chatswood's Mantra service apartments offers this prestigious one bedroom apartment in the heart of Chatswood's business district, close to everything Chatswood has to offer.

Fantastic corner position of the building, this property is located in the thriving business, cafes, restaurants and shopping district of Chatswood. Just 10 kms from North Sydney's CBD, this serviced apartment is a great opportunity for investors to secure long term guaranteed rental. Currently leased to Mantra Hotel till 2029.

The guaranteed net rental return of $1,626.60 is after deducting all outgoings and is deposited to your banking account monthly. Total net annual $19,519.30

Owners cannot live in these service apartments until all agreed lease options with Mantra Hotel are expired in 2029. Rental increase is reviewed yearly each November.

FEATURES INCLUDE:

  • Guaranteed monthly net return of $1,626.60
  • No vacancy rates with high rental yield
  • Spacious bedroom with built-in and private balcony
  • Modern bathroom, open plan kitchen and internal laundry
  • Indoor heated pool, spa, sauna & gym
  • No maintenance concerns, continuous upgrades
  • Fully furnished and maintained by Mantra Hotel
  • 1 min walk to Chatswood train & bus Interchange
  • Moments to shops, restaurants, cafes and Westfield Shopping
  • Late night Woolworths at the Interchange
  • Unit size is 57 sqm

For further information, contact Stephen Chui on 0410 883 628

"All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and any interested persons should rely on their own enquiries."

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Shops
  • Close To Transport
  • Pool
  • Terrace/Balcony
Bedrooms:

1

Bathrooms:

1

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Suburb

Chatswood

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