Sold
Last Asking Price - $635,000-$698,499
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2001/433 Kent St, Sydney NSW 2000

Apartment
11
Block size: 488 m² approx.

5.5% - 6% Net Return Set & Forget Investment Mantra on Kent

This immaculately presented one bedroom serviced apartment in Mantra on Kent is currently returning a fantastic guaranteed NET income of $35,228.40 per annum, and increasing to $38,169.15 net per annum in September. The hotel pays for all outgoings (Strata, Water, and Council rates). Run by Accor, Mantra Group operates Hotels, Resorts and Apartments throughout Australia, New Zealand & Indonesia predominantly frequented by business travellers as well as holidaymakers.

Key points:

- Rental income is paid to owner regardless of the occupancy
- The building has been operating serviced apartments since 1999
- Great eastern views of the CBD and the Sydney Tower
- Lots of windows throughout for maximum light, spacious living area
- Large bedroom with built in wardrobe, kitchen with plenty of storage
- Featuring 24hr concierge, on site restaurant and outdoor courtyard
- Near Town Hall/QVB, light rail, city restaurants, cafes and retail
- A short walk to Darling Harbour and Barangaroo

*Please note this property is for investment only and cannot be owner occupied

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.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Bryn Fowler to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Property type:
Apartment
Block Size:
488 *

Other Details

Lot:
79
Plan Type:
SP
Plan:
61376
Legal description:
79/SP61376
Sydney Cove Property

Maps and area information

Block information
Block size: 488 (approx)
Legal description: 79/SP61376
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
05 Apr 2024
Sold
Sydney Cove Property
Listed: 28/02/2024
Transfer type: Full transfer
09 Nov 2015
Sold
$0
Transfer: 09/11/2015
Transfer type: Full transfer

Sydney suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
32 years
Population
16,667
Listing ID: 182335068. This listing has been viewed 19 times. It was first displayed on 28/02/2024 and last updated on 05/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.