OFF MARKET

511/653-659 George Street
Haymarket NSW 2000

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 31m2
Land area: 79m2
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Property Details for 511/653-659 George St, Haymarket

511/653-659 George St, Haymarket is a 0 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 79m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2000
Floor Size
31m2
Land Size
79m2
Local Government
Sydney
Lot/Plan
44/SP67007

Last Listing description (May 2022)

Presenting a fantastic opportunity to own an incredible serviced apartment located in the premier Mantra Sydney Central building run by the world-renowned Accor group, perfect for SMSF or investors looking to get themselves a city bolthole. Positioned for walk-to-everything convenience with World Square shopping complex only a 160m stroll away and easy access to Belmore Park.

- Estimated Potential Gross Returns of 5-10%
- Potential to enjoy highly lucrative future rental returns

- Flexibility to short term let yourself or through Mantra
- With Mantra option, owner can use for 14 days each year
- Take advantage of rapidly improving accommodation market
- Well appointed, contemporary interiors, balcony with city views
- Centrally located building, with 24hr reception/Concierge
- Footsteps to the Capital Theatre, easy walk to Central Station
- Outgoings P/Q - Strata: $1,010, Council: $233, Water: $18

*For investment only

Call Bryn Fowler on 0423 663 663 or email bryn@sydneycoveproperty.com

All information contained herein is gathered from sources we deem to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries

Property History for 511/653-659 George St, Haymarket, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$370,000
05 May 2022
  • 05 May 2022
    Sold for $370,000
  • 28 Apr 2022
    Listed for Sale $375,000
  • 10 Nov 2009
    Sold for $220,000
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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 6,166 properties. Over the last 5 years, Houses in Haymarket have seen a 50.24% increase in median value, while Units have seen a -6.42% decrease. As at 31 October 2024:

  • The median value for Houses in Haymarket is $2,139,915 while the median value for Units is $1,087,838.
  • Houses have a median rent of $1,100 while Units have a median rent of $1,150.
There are currently 39 properties listed for sale, and 58 properties listed for rent in Haymarket on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Haymarket.

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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.