9/653 George StreetHaymarket NSW 2000
Property Details for 9/653 George St, Haymarket
9/653 George St, Haymarket is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 211m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Haymarket in the last 12 months.
Last Listing description (October 2023)
Lots 1, 3, 5, 6, 7 & 9, 653-659 George Street represent attractive opportunities to acquire fully leased strata investments in the bustling and vibrant Sydney CBD hub of Haymarket. Being offered individually, the lots are leased to established tenants, providing secure income streams for incoming purchasers.
Offering 1: Lot 1
- Tenant: MySpec Optometrist
- NLA: 35sqm*
- Current Net Rent: $254,503.45* p.a
- Lease Term: 5 years
Offering 2: Lot 3
Sizable retail suite fronting George Street with newly signed lease to popular international bubble tea operator, Milksha.
- Tenant: Milksha
- NLA: 75sqm*
- Current Net Rent: $255,127.05* p.a
- Lease Term: 5 + 5 years
Offering 3: Lot 5, 6, 7 & 9
Lot 5 hosts the established 'Life of Chi' hot pot restaurant. Lot 6, 7 & 9 form the ground floor reception, back of house area, car space & storage for Mantra Sydney Central.
- Tenants: Life of Chi (Lot 5) & Mantra Sydney Central (Lot 6, 7 & 9)
- Total NLA: 478sqm*
Lot 5: 300sqm*
Lot 6: 11sqm*
Lot 7: 27sqm*
Lot 9: 140sqm*
- Total Current Net Rent: $343,605.17* p.a
- Lease Terms:
Lot 5: 5 + 5 years
Lot 6, 7 & 9: 5 + 5 + 5 years
The assets benefit from their prime, high exposure positions on George and Sussex streets which affords them with significant foot traffic. The properties are surrounded by public transport options including Chinatown Light Rail stop (60m*), Capitol Square Light Rail stop (150m*), bus services (300m*) and Central Station (600m*).
The assets are for sale via Private Treaty with a price guide of 8%-9% net yield.
For more information or for access to the due diligence room, please contact the exclusive sale agents.
*approximate
Property History for 9/653 George St, Haymarket, NSW 2000
- 29 Mar 2026Sold for $3,000,000
- 12 Sep 2023Listed for Sale Contact Agent
- 15 Aug 2023Listed for Rent - Price not available
Recent sales nearby
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About Haymarket 2000
The size of Haymarket is approximately 0.5 square kilometres. There are 3 parks, covering nearly 8.3% of the total area. The population of Haymarket in 2016 was 7353 people. By 2021 the population was 8305 showing a population growth of 13.0% in the area during that time. The predominant age group in Haymarket is 20-29 years. Households in Haymarket are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Haymarket work in a professional occupation.In 2021, 19.80% of the homes in Haymarket were owner-occupied compared with 25.10% in 2016.
Haymarket has 6,234 properties. Over the last 5 years, Houses in Haymarket have seen a -25.22% decrease in median value, while Units have seen a -5.95% decrease. As at 31 July 2026:
- The median value for Houses in Haymarket is $1,353,727 while the median value for Units is $1,033,230.
- Units have a median rent of $1,250.
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