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708/2 Bond Street

Sydney NSW 2000

1
Studio
Currently for sale - view listing

Overview

Short Term Rental Estimate of 7.2%-8% Net return on the asking price

Air Bnb permissable building, positioned in one of Sydney CBD's most sought-after locations, this bright and spacious studio apartment in the renowned Mantra 2 Bond offers the ultimate combination of lifestyle, convenience, and investment potential. Short term rental estimate of $58,000 ~ $ 63,000 per year ( after agents management fees). 7.2% - 8% Net return on the asking price. ( after strata, water, council rates, management fees) The property is currently rented on long term lease, at $675 per week on a rolling lease. Current long term rental estimate of $750-$800 per week. Set within a premium hotel-residential complex, this well-appointed apartment enjoys a practical open-plan layout with quality finishes throughout. Just moments from Wynyard Station, Circular Quay, Barangaroo, Martin Place, and Sydney's finest dining and retail destinations, it delivers an unbeatable city lifestyle. Whether you're seeking a low-maintenance city residence, a Sydney pied-à-terre, or a high-demand investment opportunity, this apartment presents outstanding value in a tightly held CBD address. Property Features: Generous and light-filled studio layout Modern kitchen with stone benchtops and quality appliances Stylish bathroom with internal laundry facilities Well proportioned, fully furnished & equipped, ducted air-conditioning Rooftop pool and spa with stunning views, sun-deck & gym Hotel services available, including 24 hour concierge, room service options Close to Circular Quay, The Rocks, fine dining restaurants and bars Outgoings: Strata: Approx. $1,335.12 per quarter Council: Approx. $254.80 per quarter Water: Approx. $226.20 per quarter Contact Bryn Fowler on 0423 663 663 or email bryn@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 bathroom
Studio

Property history for 708/2 Bond Street

2024
Sold
$720,000
Private Sale/Treaty on 21 Feb 2024 by Bryn Fowler, of Sydney Cove Property

Happy sellers in Sydney

84%
84% 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 54 reviews in Sydney over the last 12 months.

Local market activity for studios in Sydney

In the last 12 months, 15 studios similar to 708/2 Bond Street, have been sold.

This represents a 40% decrease in studios sales when compared to the previous 12 months.

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