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701/653 George Street, Sydney, NSW 2000, 1 rūma, 2 rūma horoi, Apartment

$725,000

701/653 George Street, Sydney, NSW 2000

1
2
ApartmentWā rārangi 11-19 00:00
Sydney CBDTata railway station

Sydney 1Moenga NET RETURN OF 6.5% - PHENOMENAL CITY INVESTMENT

Presenting a fantastic opportunity to own an incredible apartment located in the premier Mantra Sydney Central building run by the world-renowned Accor group, perfect for SMSF or investors looking to get themselves a city bolthole. Secure an apartment in a building with a proven track record of incredibly high net returns. Positioned for walk-to-everything convenience with World Square shopping complex only a 160m stroll away and easy access to Belmore Park.

The apartment is currently leased via a short term rental agency and has achieved an annual net return of $46,920.47 = 6.5% net return on the asking price, plus there is scope for improvement.

- Ability to use the apartment on occasion and short term lease to generate income whilst not using it

- Flexibility to short term let or lease through Mantra, fully furnished

- Well appointed, contemporary interiors with two balconies and two bathrooms

- Centrally located building, 24hr concierge (with Mantra Lease), on-site restaurant

- Footsteps to the Capital Theatre, easy walk to Town Hall Station

- Strata: $1,821.40, Council: $242.80, Water: $21.64 ? p/q approx.

*For investment only, the apartment cannot be lived in.

Call Brenden Taliana on 0402 634 828 or email [email protected].

All information contained herein is gathered from sources we deem to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Waehere Whare:a0EMp000000xBgzMAEWā Whakahou Mutunga:2024-12-02 06:05:25