1506/653 George Street

Haymarket NSW 2000

Apartment

Currently for sale - view listing

Overview

$100K+ Net Return East-Facing CBD Apartment in Chinatown

1506/653 George Street, Haymarket A rare, income-producing apartment with verified $100,000+ net annual returns not an estimate, but real income from one of the city's best-performing assets. This east-facing, high-level apartment in Mantra Sydney Central offers strong financials, high occupancy, and a city outlook that draws guests year-round. Located in the heart of Sydney CBD, opposite Capitol Theatre and the George Street Light Rail, it enjoys unmatched walkability to Chinatown, World Square, Darling Harbour, and more. Whether you're an investor seeking consistent passive income, or prefer to self-manage and increase your returns by up to $30,000/year, this property delivers flexibility and certainty. Investment Highlights: Verified $100K+ net income p.a. consistent and documented East-facing with natural light & uninterrupted George St views Prime CBD location opposite Capitol Theatre & Light Rail Fully managed or self-managed options your choice Secure building with 24/7 reception & on-site restaurant Sold fully furnished turnkey investment No renovation required start earning from day one Financial Snapshot (Quarterly Outgoings): Strata: $2,124.20 Council: $254 Water: $82.40 Inspection by Appointment Only This property is in high demand and consistently booked viewings available by prior arrangement only after guest check-out.

Features

2 bedrooms

2 bathrooms

Apartment

Property history for 1506/653 George Street

2022

Sold

Undisclosed

26 Apr 2022 by Nick Muzha, of LITTLE Real Estate – Sydney North

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 2 bedroom apartments in Haymarket

In the last 12 months, 79 two-bedroom apartments similar to 1506/653 George Street, have been sold.

This represents a 4% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

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