216/2 Bond Street
Sydney, NSW 2000

This property presents a unique opportunity to acquire a solid, blue chip investment located within the highly regarded Mantra building, situated near Circular Quay and conveniently positioned with the light rail at your doorstep. The apartment is part of the hotel pool, offering the advantage of no management fees, low strata costs, and high net returns, making it an attractive and hassle-free investment option.

The investment provides a reliable income stream that is scheduled to increase regularly, ensuring financial certainty. The current rental income is $39,311.88 per annum, with rental increases indexed to the Consumer Price Index (CPI) scheduled for August 2026 and August 2027. The existing lease extends until 11 August 2028, with an option available for owners to exit the lease prior to its conclusion.

There is also the option to rent the property externally to the hotel, either personally or through an agent, as a short-term rental. Estimated rental income from this option ranges between $58,000 and $63,000 per year after agent fees and costs. This translates to a potential net rental yield of approximately 7.5% to 8.2%, after accounting for agents fees, strata, water, and council rates.

The apartment offers light, open views overlooking Australia Square and features a Juliet balcony. It is well appointed and immaculately presented, with a cleverly designed floorplan that maximizes space and functionality. The layout is well proportioned, and the unit comes fully furnished and equipped, including ducted air-conditioning for comfort.

Its location is ideal, being close to Circular Quay, The Rocks, and a variety of fine dining restaurants and bars. Residents can enjoy access to the rooftop pool and spa, which provide stunning views, along with a sun-deck and gym facilities. The property is perfectly positioned in the northern CBD, close to the Australian Securities Exchange (ASX) and Wynyard Station, offering excellent connectivity and lifestyle benefits.

Approximate outgoing costs include strata fees of $1,312.82 per quarter, council rates of $264.10 per quarter, and water rates of $211.09 per quarter.

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