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Overview
PRIME CBD INVESTMENT - Short Term Rental/Air BnB Friendly - 6-7% Net Potential Return
This centrally positioned one-bedroom apartment offers a pleasant outlook and is located within the highly convenient Mantra on Kent building. It is one of the few CBD buildings that allow short-term letting, making it an excellent investment opportunity with the potential for high rental returns.
Situated on the ninth floor on the east side of the building, the apartment features a balcony overlooking the beautifully tree-lined Kent Street, providing a serene urban view.
- Prime CBD investment with short-term rental and Air BnB options available
- Estimated rental income ranges from $47,469 to $52,108 after agent fees
- Open plan living and dining area that opens onto the balcony
- Double bedroom equipped with a mirrored built-in wardrobe
- Contemporary kitchen fitted with a mini fridge, cooktop, and oven
- Internal laundry with dryer and ducted air conditioning for comfort
- Building amenities include 24-hour concierge, an on-site restaurant, and an outdoor courtyard
- Conveniently located within walking distance to Town Hall, Queen Victoria Building (QVB), Pitt Street Mall, and Darling Harbour
Outgoings for the property include strata fees of $5,347.68 per annum, water charges of $719.76 per annum, and council rates of $1,015.60 per annum.
The apartment has a total size of 50 square meters, including the balcony, and benefits from an easterly aspect. Please note that this property is strictly for investment purposes and cannot be lived in.
All information provided is gathered from sources considered reliable; however, accuracy cannot be guaranteed, and interested parties should conduct their own enquiries.
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 | 50 m² |
Market Insights for Sydney NSW 2000
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