Mantra Hindmarsh Square Hotel - Brilliant investment opportunity - Apartment 606 + car park - Lot 141/61 Hindmarsh Square, Adelaide

Fully furnished Studio apartment situated on the 6th floor of the 4 star Mantra Hotel in Hindmarsh Square plus a car park!<br/><br/>An excellent return and long term investment opportunity is available within a pooled community title investment scheme. The assessable income for the current financial year from July - October is $5,207.22 representing an outstanding investment return projected at approximately 6.6% for the year. The apartment is being sold fully furnished. No need to appoint a managing agent, or have any concerns relating to loss of income while searching for tenants as Mantra handle all the details and maintenance in conjunction with the Community Corporation.<br/><br/>The room offers a queen sized bed plus built-in robes and a spacious bathroom. There is also a study desk, lounge suite, flat screen television plus fully equipped kitchenette with microwave and fridge. The unit is stylishly decorated and enjoys loads of natural light.<br/><br/>As the new owner, you will benefit from access to 14 nights free accommodation per annum at the Mantra Hindmarsh Hotel.<br/><br/>Whether the hotel guests are travelling on business or leisure they will appreciate:<br/><br/>- reverse cycle air conditioning<br/>- 24 hour reception<br/>- room service<br/>- concierge<br/>- laundry facilities<br/>- restaurant, cafe and bar<br/>- gymnasium<br/>- central location close to all the facilities within Adelaide<br/><br/>Specifications:<br/>CT / 5888/885<br/>Council / City of Adelaide<br/>Zoning / CC<br/>Built / 2003<br/>Internal / 39m2<br/>Council Rates / $1,458.85pa<br/>SA Water / $98.89pq<br/>ES Levy / $80.50pa<br/>Strata / Whittles<br/>Strata Rates / $629pq<br/>Nearby Schools / Gilles Street P.S, Sturt Street Community School, Adelaide Botanic H.S, Adelaide H.S, Mitcham Girls H.S<br/><br/>All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409<br/>