HIGHLY LUCRATIVE POTENTIAL NET RETURNS OF 8.9% - 10.5% FULLY MANAGED

Description

On offer is a stunning east facing, high floor, light filled 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 $82,735 - $96,960 p/a (8.9% - 10.5% net) through short term leasing
- High up on level 17 of Mantra Sydney Central, light-filled interiors
- Flexibility to short term lease or lease through Mantra
- Option to lease and use the apartment yourself on occasion
- Generous balcony capturing Incredible district views
- Security building with onsite restaurant and 24hr reception
- Strata: $2,149.31 p/q, Council: $237.25 p/q, Water: $19.69 p/q – approx.

*The apartment 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

1706/653 George Street, SYDNEY NSW 2000
$920,000
  • 2
  • 2

overview

  • a0E0K00001aA8PvUAK
  • $920,000
  • Apartment
  • For Sale
  • 1706/653 George Street, SYDNEY NSW 2000
  • 2
  • 2