1602/653 George Street, Sydney, NSW, 2000 - Apartment Sold on 05 11 2024

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Sydney

SoldNov 5, 2024

1602/653 George Street, Sydney, NSW, 2000

$990,000

Apartment

•

22 days on the market

Sold: Nov 5, 2024

What's around 1602/653 George Street

9.1% POTENTIAL NET RETURNS FULLY MANAGED

On offer is a renovated, fully furnished, north, east & west facing, high floor apartment with far reaching city views. Located in the Mantra Sydney Central building run by the world-renowned Accor group. An amazing opportunity to capitalise on massive net returns by leasing through a specialized short term leasing agency. Enjoy a hassle free, high preforming income generating mid-city asset, conveniently located only 100m walk from the Capital Theatre and footsteps away from the China Town light rail. - Estimated net returns of up to $95,630.04 p/a = (9.1% net return fully managed) through short term leasing - Recently renovated with hybrid flooring, new kitchen joinery, fresh paint, new fridge, new cooktop and new washer/dryer - Fully furnished with new furniture such as beds, couches, dining table, chairs, bedside tables and lamps - High up on level 16 in the Mantra Sydney Central building, light-filled interiors - Flexibility to short term lease or lease through Mantra - Option to lease and use the apartment yourself on occasion - Two generous balconies capturing Incredible district views - Security building with onsite restaurant and 24hr reception *The property can only be used as a serviced apartment as the building is zoned for serviced apartments. The apartment cannot be owner occupied. 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.