FOR SALE
$200,000

1069/185 Broadway
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 33m2
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Premium and Unique Corner Position Aircon Unit Generating $600 Rental Return

Situated on the corner of a historic building and providing uninterrupted views of Victoria Park, this premium unit has an abundance of natural light and a fantastic rental return of $600pw. Coming fully furnished and with an air conditioning unit, this unit is perfect for the savy investor or owner occupier looking for a city pad.
- Designed as a loft-style apartment maximizing the usable space
- The loft comes fully equipped with furniture, including a bed, wardrobe, tv, desk, chair, and lounge
- The bathroom is fitted with a shower, vanity, and toilet
- There are coin-operated laundry facilities on each floor and a communal kitchen
- Enjoy the advantages of on-site building management and round-the-clock security services
- Its prime, central location puts universities, shops, dining, and public transportation just a short distance away
This expansive loft, perfectly located in the city's core across from the Broadway Shopping Centre, represents an ideal opportunity for both investors and students. It is within easy reach of key educational institutions such as UTS, Sydney University, Notre Dame University, and TAFE, offering unparalleled access and convenience.
Outgoings:
Water Rate: $179 p/q approx.
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Property Details for 1069/185 Broadway, Ultimo

1069/185 Broadway, Ultimo is a 1 bedroom, 1 bathroom Unit. The property has a floor size of 33m2. The place is currently for sale with Kho & Lee Property Group.

Building Type
Unit
Floor Size
33m2

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About Ultimo 2007

The size of Ultimo is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Ultimo in 2011 was 7,111 people. By 2016 the population was 8,837 showing a population growth of 24.3% in the area during that time. The predominant age group in Ultimo is 20-29 years. Households in Ultimo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ultimo work in a professional occupation. In 2011, 29.6% of the homes in Ultimo were owner-occupied compared with 25% in 2016.

Ultimo has 6,501 properties. Over the last 5 years, Houses in Ultimo have seen a 43.85% increase in median value, while Units have seen a 14.54% increase. As at 31 October 2024:

  • The median value for Houses in Ultimo is $1,798,734 while the median value for Units is $794,188.
  • Houses have a median rent of $855 while Units have a median rent of $740.
There are currently 35 properties listed for sale, and 59 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Ultimo.

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Chris Lee
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Helene Ly
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Kho & Lee Property Group
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