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Sold on 24 May 2024 for $770,000

1306/653-659 George Street
Haymarket NSW 2000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 85m2
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Property Details for 1306/653-659 George St, Haymarket

1306/653-659 George St, Haymarket is a 2 bedroom, 2 bathroom Apartment. The property has a land size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Apartment sold in Haymarket in the last 12 months.

Building Type
Apartment
Land Size
85m2
Local Government
Sydney
Lot/Plan
145/SP67007

Last Listing description (May 2024)

Situated within the esteemed Mantra Sydney Central building under the renowned management of the Accor group, this residence offers a contemporary living experience. Boasting two bedrooms, two bathrooms and features an expansive balcony perfect for outdoor relaxation and entertaining.

Placed on the 13th floor of Mantra Sydney Central, the apartment enjoys an abundant natural light and captivating district vistas. The building ensures resident security with its 24-hour reception and offers the convenience of an onsite restaurant.

Conveniently positioned just a short stroll from the Capital Theatre and near the China Town light rail, this location epitomises urban living at its finest. This property promises both a sophisticated lifestyle and a sound investment choice.

Operating as a serviced apartment, this property cannot be utilised for owner occupancy. Currently leased to Mantra resorts until March 2027, it presents a lucrative investment opportunity with promising returns.

- 2 bedroom, 2 bathroom apartment in Mantra Sydney Central offering ample living space
- Currently leased to Mantra Resorts until 2027 ensures stability & peace of mind for investors
- Expansive balcony with district views across the city, perfect for relaxation & entertainment
- Great investment with high rental returns guaranteed with a premium-grade tenant in place
- Ideally located in the heart of the city near transport, shopping centres and Capital Theatre

Outgoings: Strata $2,321.26 pq | Council : $244.68 pq | Water Rates $21.43 pq

Property History for 1306/653-659 George St, Haymarket, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$770,000
24 May 2024
  • 24 May 2024
    Sold for $770,000
  • 11 Mar 2024
    Listed for Sale SOLD | Time Realty
  • 31 May 2004
    Sold for $577,157

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About Haymarket 2000

The size of Haymarket is approximately 0.5 square kilometres. It has 3 parks covering nearly 8.3% of total area. The population of Haymarket in 2011 was 5,376 people. By 2016 the population was 7,364 showing a population growth of 37.0% in the area during that time. The predominant age group in Haymarket is 20-29 years. Households in Haymarket are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Haymarket work in a community and personal service occupation. In 2011, 31.6% of the homes in Haymarket were owner-occupied compared with 25.1% in 2016..

Haymarket has 6,215 properties. Over the last 5 years, Houses in Haymarket have seen a 51.68% increase in median value, while Units have seen a -9.23% decrease. As at 31 August 2024:

  • The median value for Houses in Haymarket is $1,116,359 while the median value for Units is $1,059,707.
  • Houses have a median rent of $1,050 while Units have a median rent of $1,150.
There are currently 46 properties listed for sale, and 41 properties listed for rent in Haymarket on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Haymarket.

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Adam Scappatura
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Frank Settineri
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Time Realty - Five Dock
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.