9.1% POTENTIAL NET RETURNS FULLY MANAGED

Description

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.

Sydney

1602/653 George Street, SYDNEY NSW 2000
$1,050,000
  • 2
  • 2

overview

  • a0EMp000000nrxdMAA
  • $1,050,000
  • Apartment
  • For Sale
  • 1602/653 George Street, SYDNEY NSW 2000
  • 2
  • 2