Presenting a fantastic opportunity on level 7th to secure a significant 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 studio apartment is a managed investment asset currently leased with Mantra Hotels Parramatta and is estimated to generate approx.. gross revenue. gross revenue of $32,000. the owner receives approx. $17,000 yearly of revenue. Note: The income is not fixed & will 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, and internet desk Investment Features include: - Approx. Nett annual revenue of $17,000* - Exclusive membership with Accor's Partnership Program - Hassle-free passive income stream with full management decisions made on your behalf Rate and Levies: $5,500 per annual approx. Amenities and a walk everywhere setting of the CBD. Enjoy an urban experience like no other-easy walking distance to bus and rail hubs, the CBD and beautiful riverside parklands. FOR FURTHER INFORMATION PLEASE CONTACT Alfredo De Assis - 0422 399 541 DISCLAIMER: All information contained herein is gathered from sources we believe to be reliable. However, Remax Hills Lifestyle cannot guarantee accuracy, and interested persons should rely on their inquiries.