SOLD
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Sold on 14 Nov 2024 for $665,000

610/2 Bond Street
Sydney NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 610/2 Bond St, Sydney

610/2 Bond St, Sydney is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Sydney in the last 12 months.

Building Type
Apartment
Local Government
Sydney
Lot/Plan
121/SP57556

Last Listing description (November 2024)

Renowned as Mantra's premier hotel in Sydney, this building is highly regarded as the top choice for interstate and overseas visitors seeking a convenient base in the heart of the Sydney CBD. Whether you choose to continue benefiting from a Mantra-managed hotel investment or make it your permanent residence, this property offers the ideal solution for those needing a CBD home with easy access to nearby offices and city hotspots.

Presenting a fantastic opportunity to secure a set and forget investment with incredible returns located in the heart of City CBD, perfect for a long term investment or self managed super fund (SMSF) acquisition.

This fully furnished serviced executive studio apartment is a managed investment asset currently leased to Mantra Hotels, generating a fixed annual income of $40,130*.

Property Features Include:

- Oversized executive studio with a separate bedroom, kitchen, and living area
- Recently renovated, fully equipped kitchen
- Bathroom with walk-in shower and floor-to-ceiling tiling
- Ducted air conditioning for year-round comfort
- Juliette balcony offering picturesque city views
- Building amenities include a pool, spa with stunning views, sun deck, and gym
- Prime location, just a short walk to Wynyard train station, Circular Quay, and Martin Place

Investment Features include:

- Fixed income agreement with annual revenue of $40,130*
- Exclusive membership with Accors Partnership Program - Discounted Hotel Rates !
- Hassle free passive income stream with full management decisions made on your behalf - set & forget !
- Strong occupancy and low vacancy rates
- Affordable property investment in the heart of the CBD & moments from Wynyard Station.

Outgoings -

Strata: $1900 per quarter approx*
Council: $243 per quarter approx*
Water: $180 per quarter approx*

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Property History for 610/2 Bond St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$665,000
14 Nov 2024
  • 14 Nov 2024
    Sold for $665,000
  • 04 Sep 2024
    Listed for Sale $665,000
  • 29 Oct 1996
    Sold for $245,600

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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 23,938 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 196 properties listed for sale, and 367 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 682 properties were sold in the past 12 months in Sydney.

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