FOR SALE
$220,000

2103/185 Broadway
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
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Spacious 53sqm Loft with Strong Rental Return in Prime Ultimo Location

Discover a unique loft-style apartment offering an expansive 53sqm of flexible living space in the heart of Ultimo. Perfect for those who value room to breathe or investors seeking a high-yield property, this impressive unit combines contemporary living with an unbeatable location. Enjoy easy access to public transport, Sydney's vibrant city centre, Broadway Shopping Centre, and an array of cafes, shops, and entertainment options, as well as proximity to major universities and Central Station.
- Generous 53sqm layout with a spacious open-plan design
- Potential rental income of $600pw - $700pw
- Loft-style bedroom accessed by a stylish spiral staircase
- High ceilings and floor-to-ceiling windows flooding the space with natural light
- Compact kitchenette and versatile living area
Located opposite Broadway Shopping Centre, close to public transport, Sydney CBD, universities, and Central Station.
Outgoings:
Strata levies: $4,101 p/q
Council rates: $266 p/q
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Property Details for 2103/185 Broadway, Ultimo

2103/185 Broadway, Ultimo is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 53m2. The place is currently for sale with Kho & Lee Property Group.

Building Type
Apartment
Floor Size
53m2

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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.

Suburb Insights for Ultimo 2007

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Chris Lee
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Helene Ly
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Kho & Lee Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.