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Overview
High guaranteed net rental income of $32,359.20 per year ( Investment Only, Not for Owner Occupiers)
Invest in this stunning contemporary serviced apartment of 62 square meters, perfectly positioned in the heart of Sydney's Central Business District. This property offers a high guaranteed net rental income of $32,359.20 per year, making it an excellent set-and-forget investment opportunity. The Mantra on Kent building covers all outgoings including strata, water, and council fees, allowing investors to enjoy hassle-free returns.
Located just off Market Street, the apartment is within easy walking distance to key attractions such as Darling Harbour, Town Hall Station, Pitt Street Mall, and the Queen Victoria Building. The building has been operating serviced apartments since 1999, providing a reliable rental history and consistent income stream.
- High guaranteed net rental income of $32,359.20 per year
- Rental income is paid to the owner regardless of occupancy
- Regular CPI rental increases ensure income growth over time
- Contemporary kitchen equipped with a mini fridge, cooktop, and oven
- Features include 24-hour concierge service, an on-site restaurant, and an outdoor courtyard
- Conveniently near Town Hall and Queen Victoria Building light rail, Hyde Park, and a variety of restaurants
The current lease extends to 20 September 2026, with options to renew for three additional one-year leases through to September 2029. Please note this property is for investment purposes only and cannot be owner-occupied.
This apartment represents a unique opportunity to secure a well-located, income-producing asset in Sydney's vibrant CBD, with minimal management responsibilities and strong rental guarantees.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Sydney NSW 2000
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 62 m² |
Market Insights for Sydney NSW 2000
Other properties in this postcode
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