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41/2-8 Dixon Street, Sydney$370,000
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41/2-8 Dixon Street

Sydney, NSW 2000, Australia
$370,000
1 bath

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About this property

Prime CBD investment opportunity with great returns. The perfect apartment for investors looking to capitalise on high net returns. Enjoy the hassle free process of leasing through APX Hotel for a steady and guaranteed income with 4% yearly increases. The apartment is fully furnished by APX (they are also responsible for furniture repairs and replacement) and is ready for the new owner to start earning income straight away. Located only a short stroll away to World Square Shopping Centre, Darling Harbour, Chinatown and more. - Currently leased with APX Hotel, with a guaranteed rent of $21,327.29 = 5.7% return per annum (plus 4% annual increases) - The apartment includes kitchenette, mirrored built in wardrobe and air-conditioning - Full sized bathroom, east facing, fully furnished by APX, ready to start producing income for the new owner - Perfect location for guests visiting for holidays or travelling for business, recently renovated - Situated close to Chinatown light rail, Paddy's Markets and Hyde Park - Council: $284.20, Water: $208.77 - p/q approx. Strata: $101.75 p/q approx. - the owner pays the capital works fund portion (the amount as noted) and APX reimburse the admin fund portion. *For investment only, the apartment cannot be lived in. Call Brenden Taliana on 0402 634 828 or email brenden@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 Details

Property Type
studio
Listing Type
For Sale
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,794/month
$897 /fortnight
Loan $296,000 at 6.10% over 30 years

Upfront costs

Deposit$74,000
Stamp duty$9,862
Conveyancing (est.)$2,000
Total upfront$85,862
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Sydney

This studio in Sydney, NSW 2000 sits within reach of public transport, local shops and nearby schools. It is listed 62% below the $975,000 median of 74 comparable studioswithin 5 km.

Schools near Sydney

  • St Andrew's Cathedral Schoolcombined · K-12 · CoEd
  • St Mary's Cathedral Collegecombined · K-12 · CoEd
  • Fort Street Public Schoolprimary · K-6 · CoEd
  • St Andrew's Cathedral Gawura Schoolprimary · K-6 · CoEd
  • Australian International High Schoolsecondary
  • Macquarie Grammar Schoolsecondary · 7-12 · CoEd

What's nearby

  • Chifley Tower, Bent St (bus)1.4 km away
  • Cupra1.3 km away
  • Hyde Park North870 m away
  • Wynyard Park1.2 km away
  • Domain Crescent Precinct1.4 km away

Sydney at a glance

Full suburb profile
Population
16,667
Median age
32
Household income
$2,227/wk
Median rent
$600/wk
Median mortgage
$2,691/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Sydney price trend

Median sold · Unit 1 bed

Compound growth -3.0% / yr over 4 yrs

$750kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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