FULLY FURNISHED CBD INVESTMENT OPPORTUNITY IN 'MANTRA'

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208/2 Bond Street, Sydney NSW 2000

$685,000

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$685k - $719k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bath

Listed: 18 days ago

Updated: 7 hours ago

Overview

This fully furnished studio apartment, located within the prestigious Mantra 2 Bond Street complex, stands as a prime investment opportunity in the heart of Sydney’s central business district. The apartment features a well-considered open-plan layout, complemented by quality finishes throughout, reflecting a standard of presentation that appeals to discerning investors or those seeking a manageable city pied-à-terre.

The property currently enjoys a stable annual income of $41,434.20 from a well-established hotel management arrangement, ensuring immediate returns while providing investment flexibility. The option to withdraw from the hotel pool management allows the property to be used for Airbnb or short-term accommodation, broadening its appeal to short-term rental markets.

Offering a desirable west-facing aspect, this apartment overlooks the leafy Jamison Street, introducing a touch of greenery in an urban setting. Residents have access to exclusive facilities including a rooftop pool, spa, sun deck, and a fitness centre, alongside full hotel amenities such as 24-hour concierge and room service, enhancing lifestyle convenience and comfort.

Its location places it moments from major transport hubs and iconic Sydney destinations like Wynyard Station, Circular Quay, Barangaroo, and Martin Place, as well as Sydney’s premier dining, shopping, and entertainment precincts. This combination of location, facilities, and flexible income potential makes the apartment suitable for investors, professionals seeking a low-maintenance city residence, or those desiring a high-demand short-stay property in a tightly held CBD address.

Stable income with hotel management agreement returning over $41,000 per annum
Flexible use for short-term rentals including Airbnb
West-facing, peaceful outlook onto tree-lined Jamison Street
Fully furnished and immaculately presented
Exclusive resort-style facilities including rooftop pool, spa, sun deck and gym
Comprehensive hotel services including 24-hour concierge and room service
Prime CBD location near key transport and lifestyle destinations

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.