CBRE as the exclusive sales agent, is pleased to present 653-659 George Street, Haymarket. A rare investment proposition in Sydney’s thriving residential market, offering a rare opportunity for investors and wholesale apartment traders.

653-659 George Street, Haymarket benefits from the following key highlights:

•Significant investment opportunity within the heart of Sydney CBD
•Desirable lease to established service apartment operator ‘Mantra Leisure Resorts’
•21 serviced apartments comprising 10x studios, 7x1 bedroom and 4x2 bedroom apartments to be sold in-one-line
•Fully leased market income of $791,662* pa gross with current passing monthly income of $65,718.33* (June 22)
•Opportunistic time to acquire in Sydney CBD as it is set to benefit from a returning international tourist and student market, allowing for strong rental growth.
•A short 600m* walk to Central Station and 60m* to Chinatown Light Rail stop providing direct access to Sydney CBD.
•Set to benefit from a plethora of NSW Government backed developments including the multibillion-dollar Tech Central, Sydney Metro & Central Station’s $1.14b upgrade.

653-659 George Street, Haymarket will be sold via Expression of Interest closing Wednesday 10 August 2022 at 4:00pm AEST

For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.

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