508/653 George Street, Sydney, NSW, 2000 - Apartment Sold on 14 10 2023

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Sydney

SoldOct 14, 2023

508/653 George Street, Sydney, NSW, 2000

$680,000

Apartment

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Sold: Oct 14, 2023

What's around 508/653 George Street

GUARANTEED RENTAL INCOME + OPPORTUNITY TO TAKE OUT OF THE HOTEL POOL & SHORT TERM LEASE

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. Positioned for walk-to-everything convenience with World Square shopping complex only a 160m stroll away and easy access to Belmore Park. - Guaranteed net income of $29,480.72 p/a with Mantra lease (guaranteed 4.2% net return) - Potential to exit lease & short term let for estimated net returns of up to $71,000 p/a (10.2% net return) - Great flexibility to short term let or lease through Mantra - Take advantage of rapidly improving accommodation market - Well appointed, contemporary interiors with two balconies - Centrally located building, 24hr concierge, on-site restaurant - Footsteps to the Capital Theatre, easy walk to Town Hall Station *For investment only. 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.