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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

408/2 Bond Street, Sydney NSW 2000

$795,000

Listed: 25 days ago
Updated: 7 hours ago
Overview

This premium studio apartment is an attractive option for investors seeking a low-maintenance property with strong income and flexible usage potential. Situated in the sought-after Mantra at 2 Bond Street, Sydney CBD, the residence is offered fully furnished, which combined with a secure undercover parking space, adds notable convenience and value in this high-demand area.

Currently operated through a hotel arrangement, it enjoys a substantial gross rental return of $49,049 per annum, delivering an estimated net income close to $36,632 after expenses. The option to withdraw from the hotel program and transition the apartment into owner occupation, long-term leasing, or short-term rental under Airbnb or similar platforms enhances its versatility, subject to approvals.

The studio boasts a desirable west-facing aspect, overlooking the leafy Jamison Street, allowing residents to appreciate natural light and an urban treescape. The immaculate condition, including all existing furniture, means the apartment is ready for immediate occupancy or letting.

  • Secure undercover car space—a rare commodity in the CBD.
  • Access to premium shared facilities including rooftop pool, spa, sun-deck, and gym, complemented by hotel services such as 24-hour concierge and room service options.
  • Strategic location close to Circular Quay, The Rocks, and a range of fine dining and entertainment venues, perfectly blending city living with lifestyle advantages.

With quarterly outgoings including strata fees approximately $1,605, council rates around $508, and water charges near $211, the property balances convenience with manageable running costs. Overall, it suits investors seeking steady returns with flexibility, or professionals looking for a well-appointed city base complemented by excellent amenities.

Local Market Insights

In Sydney, Quiet Listings observed 59 new apartments entering the market over the last 30 days, up from 49 during the previous 30-day period, with an average advertised asking price of $2,814,831. The property type mix of listed properties is predominantly Apartments at 84%, followed by commercial properties (11%), and houses (3%). The most active agency for apartments in the Sydney area is currently Sydney Cove Property, representing 14% of new listings, followed by The Agency with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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
Market Insights for Sydney NSW 2000
New Listings (last 30 days)
59
Average price
$2,814,831
Lowest price
$495,000
Highest price
$20,000,000
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