SOLD
Sold on 05 Apr 2024 for $630,000

2001/433-435 Kent Street
Sydney NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Land area: 488m2
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Property Details for 2001/433-435 Kent St, Sydney

2001/433-435 Kent St, Sydney is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 488m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Sydney in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
43m2
Land Size
488m2
Local Government
Sydney
Lot/Plan
79/SP61376

Last Listing description (July 2024)

This immaculately presented one bedroom serviced apartment in Mantra on Kent is currently returning a fantastic guaranteed NET income of $35,228.40 per annum, and increasing to $38,169.15 net per annum in September. The hotel pays for all outgoings (Strata, Water, and Council rates). Run by Accor, Mantra Group operates Hotels, Resorts and Apartments throughout Australia, New Zealand & Indonesia predominantly frequented by business travellers as well as holidaymakers.

Key points:

- Rental income is paid to owner regardless of the occupancy

- The building has been operating serviced apartments since 1999
- Great eastern views of the CBD and the Sydney Tower
- Lots of windows throughout for maximum light, spacious living area
- Large bedroom with built in wardrobe, kitchen with plenty of storage
- Featuring 24hr concierge, on site restaurant and outdoor courtyard
- Near Town Hall/QVB, light rail, city restaurants, cafes and retail
- A short walk to Darling Harbour and Barangaroo

*Please note this property is for investment only and cannot be owner occupied

Contact 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.

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Property History for 2001/433-435 Kent St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$630,000
05 Apr 2024
  • 05 Apr 2024
    Sold for $630,000
  • 28 Feb 2024
    Listed for Sale $630,000
  • 26 May 2016
    Sold for $440,000
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About Sydney 2000

The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.

Sydney has 23,941 properties. Over the last 5 years, Houses in Sydney have seen a -71.84% decrease in median value, while Units have seen a 5.01% increase. As at 31 October 2024:

  • The median value for Houses in Sydney is $502,395 while the median value for Units is $1,163,718.
  • Houses have a median rent of $800 while Units have a median rent of $950.
There are currently 195 properties listed for sale, and 377 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 678 properties were sold in the past 12 months in Sydney.

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