1702/433 Kent Street, Sydney NSW 2000

This serviced apartment sits on the 17th floor of the renowned Mantra on Kent, offering a sleek and contemporary 44 square metre space tailored for investors seeking a low-maintenance, reliable asset in Sydney's bustling central business district.

One of the apartment’s key advantages is its guaranteed rental income of $34,851 per annum (6.6% net return), which is payable to the owner regardless of occupancy. This arrangement provides a dependable cash flow and significant peace of mind, as all strata levies, council rates, and water rates are covered by the property’s management. The apartment has been professionally managed since 1999, enhancing its appeal as a straightforward investment opportunity.

Inside, the apartment benefits from expansive windows that flood the living area with natural light and showcase commanding south-eastern views of Sydney’s CBD and the iconic Sydney Tower Eye. The generous bedroom includes a built-in wardrobe, while the kitchen provides ample storage for convenience. Additional features such as an internal laundry with dryer and ducted air conditioning ensure functionality and comfort.

Residents and guests enjoy 24-hour concierge services, an on-site restaurant, and a peaceful outdoor courtyard, all contributing to a secure, welcoming environment. The building's location offers easy walking access to prominent city landmarks including Town Hall, the Queen Victoria Building, Darling Harbour, Pitt Street Mall, Market Street, and Hyde Park, placing an abundance of dining, shopping, and entertainment options within reach.

Overall, this apartment is designed to suit investors focused on long-term income stability within Sydney’s prime CBD precinct. It is important to note that this property is strictly for investment purposes and cannot be owner-occupied.