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Off Market

1016/653 George Street

Haymarket NSW 2000

1
1
Apartment
Tom JonesTom Jones, last sold this property on 06 November 2025 after 35 days on market.

Overview

Serviced Apartment, Secure CBD Investment - Perfect for SMSF !

Unit 1016, Mantra Sydney Central - Inspections available via private appointment, please contact the agent to arrange inspections. Virtual Tour available via this advertisement, please click the link ! Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the heart of City CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition. This fully furnished serviced studio apartment is a managed investment asset currently leased to Mantra Hotels, Sydney Central generating a gross revenue of $67,476* (May 24 - May 25), with the owner receiving 50% of the apartments revenue, minus expenses and outgoings. Note: The monthly income, is not fixed & can fluctuate with travel demand and use of the property. Property Features Include: - Spacious bedroom with large window and built in wardrobe - Kitchenette with electric cooktop - Bathroom with bathtub and tiled floor to ceiling - Ducted air conditioning Investment Features include: - Approx gross annual revenue of $67,476* - Exclusive membership with Accors Partnership Program - Discounted Hotel Rates ! - Exclusive use of the property 14 nights per annum - Hassle free passive income stream with full management decisions made on your behalf - set & forget ! - Strong occupancy and low vacancy rates - Affordable property investment in the heart of the CBD & moments from Central Station. - Inventory of furniture included with the sale of the property Note: This property is zoned for short term letting and can not be lived in fulltime - For investment purchase only. Outgoings - Strata: $1328 per quarter Council: $264 per quarter Water: $21 per quarter

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Haymarket over the last 12 months, the estimated median property value of 1016/653 George Street is $735k.

Median value
$735k
Estimated value range
$430k - $1.22m
Median days on market
81
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Haymarket. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1016/653 George Street

2025
Sold
Undisclosed
Private Sale/Treaty on 06 Nov 2025 by Tom Jones, of Village Property Estate Agents

Happy sellers in Haymarket

90%
90% of sellers in Haymarket reported that their sale price either exceeded or met their price expectations.

Haymarket stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Haymarket over the last 12 months.

Local market activity for 1 bedroom apartments in Haymarket

In the last 12 months, 49 one-bedroom apartments similar to 1016/653 George Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Haymarket

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Betty Chen

Sellers who recommend Betty Chen have praised them for being clear communication

  •   5   (24 reviews)
  •  3 Reviews in Haymarket
  •  5 Sales in Haymarket
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Kenny Zijian Wu

Sellers who recommend Kenny Zijian Wu have praised them for being clear communication, responsive, local expert, well-prepared, reliable, friendly and dedicated

  •   5   (162 reviews)
  •  4 Reviews in Haymarket
  •  1 Sale in Haymarket
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Jack Williams

Jack Williams is a recommended agent for Haymarket.  They have 6 local sales and collected 3 local reviews across the last 12 months.

  •   5   (3 reviews)
  •  3 Reviews in Haymarket
  •  6 Sales in Haymarket
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Eleonora Sharifullina

Eleonora Sharifullina is a recommended agent for Haymarket.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (32 reviews)
  •  3 Reviews in Haymarket
  •  3 Sales in Haymarket
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