RateMyAgentGo to search
Back 701/653 George Street
Off Market

701/653 George Street

Sydney NSW 2000

1
2
Apartment
Last sold for $700,000
Brenden TalianaBrenden Taliana, last sold this property on 04 August 2025 after 59 days on market.

Overview

NET RETURN OF 6.6% - 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 (from October 2023 October 2024) of $46,920.47 = 6.6% 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 brenden@sydneycoveproperty.com. 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

Features

1 bedroom
2 bathrooms
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Sydney over the last 12 months, the estimated median property value of 701/653 George Street is $775k.

Median value
$775k
Estimated value range
$410k - $3.45m
Median days on market
56
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sydney. 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 701/653 George Street

2025
Sold
$700,000
Private Sale/Treaty on 04 Aug 2025 by Brenden Taliana, of Sydney Cove Property
2023
Sold
$670,000
Private Sale/Treaty on 01 Jun 2023 by Brenden Taliana, of Sydney Cove Property

Happy sellers in Sydney

88%
88% of sellers in Sydney reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 55 reviews in Sydney over the last 12 months.

Local market activity for 1 bedroom apartments in Sydney

In the last 12 months, 151 one-bedroom apartments similar to 701/653 George Street, have been sold.

This represents a 15% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

placeholder
Ettiene West

Ettiene West is an award winning recommended agent for Sydney.  They have 25 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (417 reviews)
  •  11 Reviews in Sydney
  •  25 Sales in Sydney
View profile
placeholder
John Tsironis

John Tsironis is a recommended agent for Sydney.  They have 6 local sales and collected 9 local reviews across the last 12 months.

  •   4.9   (54 reviews)
  •  9 Reviews in Sydney
  •  6 Sales in Sydney
View profile
placeholder
Michael Lowdon

Sellers who recommend Michael Lowdon have praised them for being local expert, clear communication, honest, dedicated, responsive, well-prepared and hard-working

  •   4.9   (69 reviews)
  •  7 Reviews in Sydney
  •  10 Sales in Sydney
View profile
placeholder
John Vytrhlik

Sellers who recommend John Vytrhlik have praised them for being clear communication, local expert, responsive, well-prepared, supportive and reliable

  •   5   (35 reviews)
  •  7 Reviews in Sydney
  •  11 Sales in Sydney
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap