610/39 Kent Road
Mascot, NSW 2020

Overview

Renovated Mascot Apartment - Strong Rental Return

Situated in the vibrant heart of Mascot's transport and lifestyle precinct, this recently renovated one-bedroom apartment offers an excellent opportunity for investors and buyers seeking value. The location is highly convenient, within walking distance to Mascot Station, Woolworths, various cafés, and Sydney Airport, making it an attractive option for tenants and short-term renters alike.

The apartment features a bright and airy open-plan living and dining area that seamlessly connects to a private balcony, providing a comfortable space for relaxation and entertaining. The modern kitchen is equipped with a stone benchtop, gas cooking facilities, and a dishwasher, combining style and functionality for everyday living.

The spacious bedroom includes a built-in wardrobe, offering ample storage, while the contemporary bathroom complements the apartment's fresh aesthetic. Additional conveniences include an internal laundry with a dryer and ducted air conditioning throughout, ensuring comfort year-round.

Security is a priority with the building featuring a lift and video intercom system, and the apartment includes one secure basement car space, adding to the property's appeal.

From an investment perspective, the property presents a strong rental return, with an estimated weekly rental income of approximately $700, or $270 per day on Airbnb. This translates to a robust gross yield at the current asking price, supported by the high-demand rental corridor close to the Sydney CBD and airport.

Outgoings are approximately $2,498 per quarter for strata fees, $374.20 per quarter for council rates, and $179.94 per quarter for water. The current strata fees include temporary contributions towards ongoing building capital works, with about one-third of the planned improvements already completed.

This apartment represents an excellent opportunity to secure a well-located property in Mascot, positioned for long-term rental demand and capital growth. Its combination of location, features, and investment potential makes it a compelling choice for discerning buyers.

Prospective purchasers are encouraged to arrange a private inspection to fully appreciate the benefits of this property.

All information provided is gathered from sources considered reliable; however, accuracy cannot be guaranteed, and interested parties should conduct their own enquiries.

Location