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About this property
Secure CBD Investment Returning $32,359.20 Net Per Year | Tenant Pays Outgoings | Lease to 2026 Investors spend years searching for genuine set-and-forget investments. Very few offer what this property delivers. Guaranteed rental income. Professional management. Prime Sydney CBD location. Minimal landlord responsibility. And a lease structure designed to provide certainty. Positioned within the highly regarded Mantra on Kent, Apartment 703 presents an exceptional opportunity for investors seeking reliable income from one of Australia's strongest commercial and tourism markets. Importantly, this is an investment property only and cannot be owner occupied. For the right investor, that is precisely where the opportunity lies. Unlike traditional residential investments where vacancy, tenant turnover, maintenance concerns and fluctuating occupancy can impact returns, this property offers a significantly different proposition. The current lease provides a guaranteed net rental income of $32,359.20 per annum regardless of occupancy levels. Whether the room is occupied or vacant, the agreed rental income continues to be paid. That level of certainty is becoming increasingly difficult to find. Even more appealing, Mantra on Kent is responsible for the major property outgoings including strata, council rates and water charges, creating a simple and highly passive ownership structure. For many investors, this means less administration, less risk and greater predictability. The property itself comprises a well-appointed 62sqm serviced apartment featuring contemporary finishes, a practical floorplan and the amenities expected within a professionally managed hotel environment. Located in the very heart of Sydney CBD, the position continues to underpin long-term investment appeal. Guests and visitors enjoy immediate access to: * Darling Harbour * Town Hall Station * Pitt Street Mall * Queen Victoria Building * Hyde Park * Light Rail * Restaurants, cafés and entertainment precincts Sydney CBD remains one of Australia's most important tourism, business and accommodation markets, supporting ongoing demand for quality serviced accommodation. The existing lease extends until September 2026 and includes options to continue through to September 2029, providing future flexibility for investors. Investment Highlights: * Guaranteed net rental income of $32,359.20 per annum * Rental income paid regardless of occupancy * Current lease to September 2026 * Further options extending to September 2029 * Mantra pays strata, council and water charges * Professionally managed investment * Prime Sydney CBD location * 62sqm serviced apartment * Established building operating since 1999 * CPI-linked rental increases * 24-hour concierge * On-site restaurant * Outdoor courtyard * Walking distance to major Sydney landmarks ## Investors Take Note The strongest investments are often the simplest. Secure income. Prime location. Professional management. Minimal landlord involvement. Properties offering this combination are becoming increasingly difficult to secure in the Sydney market. The owners are committed to achieving a result and serious investor interest is encouraged immediately. Inspect the numbers, compare the alternatives and see why opportunities like this continue attracting investor demand.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Sydney
This 1-bedroom apartment in Sydney, NSW 2000 sits within reach of public transport, local shops and nearby schools.
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
- Burns Philp Building, Bridge St (bus) — 944 m away
- Cupra — 751 m away
- Hyde Park North — 627 m away
- Wynyard Park — 641 m away
- Lang Park — 888 m 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
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Median sold · Unit 1 bed
Compound growth -3.0% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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