1706/653 George Street, Haymarket, NSW 2000

Apartment
Type
2
Bedrooms
2
Bathrooms
65 m²
Area

Published on Thursday, May 14, 2026 ( See property details for 1706/653 George Street, Haymarket, NSW 2000)

$925,000 to $950,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, fully furnished two-bedroom apartment in the heart of Sydney’s CBD, offering exceptional investment potential and city views from Level 17.

🏡 Property Highlights

  • Prime CBD location with stunning city views from Level 17
  • High-yield investment with potential annual income over $100,000
  • Eligible for Mantra Hotel Group management, offering flexible options
  • Fully furnished, open-plan interiors with modern amenities
  • Secure building with 24-hour reception and lift access
  • Strong demand with an average nightly rate of $420

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Ducted Air Conditioning
  • Security Screens / Gates
  • Ceiling Fans
  • Internal Laundry
  • Waterfront / Views
  • Balcony
  • Home Office / Study

Haymarket is a vibrant Sydney suburb renowned for its lively entertainment scene, diverse dining options, and proximity to major attractions like Darling Harbour and Chinatown. Its central location offers excellent walkability, easy access to public transport, and a dynamic urban lifestyle. The area is ideal for both residents and investors seeking a bustling city hub with strong growth prospects. Key points include: prime CBD positioning, excellent transport links, vibrant cultural scene, high rental demand, and proximity to major tourist destinations.

Is this apartment suitable for short-term holiday rentals?
Yes, this apartment is approved for serviced accommodation and is professionally managed, making it ideal for short-term holiday rentals with strong demand and high nightly rates.
What amenities are included in the apartment?
The apartment features a full kitchen with dishwasher, stove, and ample storage, two modern bathrooms, built-in wardrobes, and open-plan living spaces with modern furnishings.
What are the building security features?
The building offers secure access with 24-hour reception and lift access, ensuring safety and convenience for residents and guests.
What is the potential rental income for this property?
The property has an estimated average nightly rate of $420, generating potential annual income of over $100,000, subject to market conditions and management.
Is the apartment suitable for owner-occupiers?
No, this apartment is approved solely for serviced accommodation and is not available for owner-occupancy.
Are there any additional management or service fees not included in the strata rates? Are there any restrictions or upcoming plans for building renovations or developments? Is there any history of building defects or maintenance issues? Are there any easements, zoning restrictions, or planned infrastructure projects affecting the property? What are the long-term occupancy rates and demand trends for short-stay apartments in this area? Are there any upcoming increases in strata or council rates that could impact profitability? Is the property compliant with all relevant building and safety regulations? Are there any noise or disturbance issues from nearby entertainment venues or transport hubs? What are the terms of the hotel management agreement and any associated costs? Is there any history of flooding or bushfire risk in this location?

1706/653 George Street, Haymarket, NSW 2000 - More Details

$925,000 to $950,000

Positioned on Level 17 of the prestigious Mantra Sydney Central in the heart of the city, this high-performing two-bedroom apartment offers a rare cash flow-rich investment opportunity in a prime tourist destination, with the light rail at your doorstep and cafés, restaurants and entertainment all nearby, making it a top choice for visitor accommodation. Eligible for Mantra Hotel Group and professionally managed short-stay accommodation, it achieves approx. $420 per night and around $100,000+ per annum in potential income, combining strong returns with long-term CBD growth.

- Eligible for Mantra Hotel Group, flexible management options
- Approx. $420 average nightly rate with strong demand
- Around $100,000+ annual income potential
- Professional hosting and management available
- Full kitchen with dishwasher, stove and storage
- Two modern bathrooms for group stays
- Built-in wardrobes for long-stay convenience
- Open-plan interiors with modern furnishings
- East-facing Level 17 with natural light and views
- Ducted air conditioning throughout
- Secure building with 24-hour reception and lift access
- Prime CBD location near Central, Chinatown & Darling Harbour
- Approved serviced apartment only (no owner occupation)

Outgoings:
Water Rate: $211 p/q approx.
Council Rate: $335 p/q approx.
Strata Rates: $3,865 p/q approx.

Disclaimer:
This information was prepared with all due care and is current at the time of publication. We cannot warrant its accuracy, currency, completeness, reliability, or suitability, especially material supplied by third parties. The material is provided for general information only; the reader should seek independent advice relevant to your circumstances.
Type
Apartment
Bedrooms
2
Bathrooms
2
Area
65 m²
House Size
65 m²

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