FOR SALE
$160,000

1135/185-211 Broadway
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 37m2
Land area: 37m2
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Spacious 37 sqm loft style studio- 5.5% Net Return

This spacious loft, ideally situated in the heart of the city opposite the Broadway Shopping Centre, makes a perfect choice for investors and students alike. In close proximity to major educational institutions like UTS, Sydney University, Notre Dame University, and TAFE, it offers easy access and convenience.
-Styled as a loft-style apartment, it promises potential rental earnings of $500 per week
- Can generate a net return of 5%-5.5% after deducting water, council, and strata fees
-The loft is fully furnished, including a bed, wardrobe, TV, study table with chair, and a comfortable lounge
-The bathroom comes equipped with a shower, vanity, and toilet
-Each floor features coin-operated laundry facilities and a shared kitchen for your convenience
-Benefit from the convenience of an on-site building management and 24-hour security services
-A prime, central location that brings Universities, shops, restaurants, and public transport within an arm's reach
Outgoings:
Strata levies: $3,227p/q
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Property Details for 1135/185-211 Broadway, Ultimo

1135/185-211 Broadway, Ultimo is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 37m2 and floor size of 37m2. The place is currently for sale with Kho & Lee Property Group.

Building Type
Apartment
Floor Size
37m2
Land Size
37m2

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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 6,538 properties.

    There are currently 41 properties listed for sale, and 48 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 211 properties were sold in the past 12 months in Ultimo.

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    Helene Ly
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    Chris Lee
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    Kho & Lee Property Group
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