$990,000

2 Bed  •  2 Bath  •  0 Car

Sydney Cove Property
Main view of Homely apartment listing, 1602/653 George Street, Sydney NSW 2000
Floorplan of Homely apartment listing, 1602/653 George Street, Sydney NSW 2000
Second view of Homely apartment listing, 1602/653 George Street, Sydney NSW 2000
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1602/653 George Street, Sydney NSW 2000

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$990,000

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Apartment description

“5.9% SEMI-ESTIMATED NET RETURNS FULLY MANAGED”

On offer is a renovated, fully furnished, north, east & west facing, high floor apartment with far reaching city views. Located in the Mantra Sydney Central building run by the world-renowned Accor group. An amazing opportunity to capitalise on massive net returns by leasing through a specialized short term leasing agency. Enjoy a hassle free, high preforming income generating mid-city asset, conveniently located only 100m walk from the Capital Theatre and footsteps away from the China Town light rail.

- Semi-estimated net returns of up to $58,498.04 p/a = (5.9% net return fully managed) through short term leasing
- Renovated with hybrid flooring, kitchen joinery and upgraded appliances such as fridge, cooktop and washer/dryer
- Fully furnished with updated furniture such as beds, couches, dining table, chairs, bedside tables and lamps
- High up on level 16 in the Mantra Sydney Central building, light-filled interiors
- Flexibility to short term lease or lease through Mantra
- Option to lease and use the apartment yourself on occasion
- Two generous balconies capturing Incredible district views
- Security building with onsite restaurant and 24hr reception (with Mantra Lease)

*The property can only be used as a serviced apartment as the building is zoned for serviced apartments. The apartment cannot be owner occupied.

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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