AFFORDABLE UNIQUE INVESTMENT IN PARRAMATTA CBD

316/1-3 Valentine Avenue, Parramatta, 2150

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Contact for PriceFor Sale
  • Ownership Type Apartment
  • Property Area 0 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 17th Apr, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Ensuite: 1
  • Toilets: 1

Property Overview

This serviced apartment, located in the heart of the cosmopolitan Parramatta CBD, offers amenities such as a gym, swimming pool, and sauna. A short walk to the railway station, bus interchange hub, Light Rail (under construction), Westfield Shoppingtown, parks, reputable schools, trendy restaurants and cafes, vibrant city nightlife, Sydney Water, and one of Australia's largest urban renewal projects-Parramatta Square.<br/><br/>This property offers the lucrative option of a short-term lease with platforms such as Airbnb, Stayz, and more, which allows you to earn on a per-night basis and capitalise on one of the highest return methods currently available in residential leasing. Currently under contract with Mantra, who is offering a 50% share of the total income generated by this studio apartment.<br/>Property highlights include:<br/><br/>- Spacious Studio with large window and built in wardrobe<br/>- Kitchenette with electric cooktop, range-hood, microwave, and mini bar fridge<br/>- Bathroom with bathtub and floor-to-ceiling tile<br/>- Ducted air conditioning<br/>- Currently managed by the Mantra<br/><br/>Note: It is not for general residence.<br/><br/><br/>"Ray White Parramatta Group - Parramatta|Oatlands|Northmead|Greystanes, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."

Location on Google Map

316/1-3 Valentine Avenue, Parramatta, 2150

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