Sydney Cove Property
Main view of Homely apartment listing, 1701/653 George Street, Sydney NSW 2000
Second view of Homely apartment listing, 1701/653 George Street, Sydney NSW 2000
Floorplan of Homely apartment listing, 1701/653 George Street, Sydney NSW 2000
Third view of Homely apartment listing, 1701/653 George Street, Sydney NSW 2000
Fourth view of Homely apartment listing, 1701/653 George Street, Sydney NSW 2000
+10

Sold

1701/653 George Street, Sydney NSW 2000

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$849,000

  • 2 Bed
  • 2 Bath
  • 0 Car

Apartment Sold on Wed 19 Oct, 2022

Apartment description

“Take out of the hotel and achieve extraordinary returns of between 7% - 10%”

North facing, high floor, light filled apartment with far reaching city views. Located in the Mantra Sydney Central building run by the world-renowned Accor group. Opportunity to take the apartment out of the hotel and run as a serviced apartment yourself and enjoy huge rental returns (like Airbnb or through a specialised agency).
Total Outgoings: $10,034.04 per annum (Strata: $2,256.78 p/q, Water: $18.22 p/q, Council: $233.51 p/q).
The apartment can only be used as a serviced apartment as the building is zoned for serviced apartments. The apartment cannot be owner occupied.

- High up on level 17 of Mantra Sydney Central, light-filled interiors
- An ideal investment, with flexible short term rental options
- Generous balcony capturing Incredible district views
- Flexibility to short term let yourself or through Mantra
- With Mantra option, owner can use for 14 days each year
- Take advantage of the rapidly improving accommodation market
- Security building with onsite restaurant and 24hr reception
- Potential to enjoy highly lucrative future rental returns
- Conveniently located only 100m walk from the Capital Theatre and only metres away from the China Town light rail.

*For investment only

Call Bryn Fowler on 0423 663 663 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

Building details

Area: 70m²

What’s around George Street

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Sixth view of Homely apartment listing, 1701/653 George Street, Sydney NSW 2000View more

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Bryn Fowler
Sydney Cove Property

Bryn Fowler

Sydney Cove Property

5(1 Reviews)
Brenden Taliana
Sydney Cove Property

Brenden Taliana

Sydney Cove Property

0Not yet rated

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$849k
1701/653 George Street, Sydney NSW 2000
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Bryn Fowler

Bryn Fowler

Sydney Cove Property
Brenden Taliana

Brenden Taliana

Sydney Cove Property