FOR SALE
$185,000

3061/185 Broadway
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 28m2
Land area: 28m2
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Premium Loft Style Unit Investment Opportunity with Aircon

Positioned in the heart of Ultimo, this split-level loft apartment within the iconic 185 Broadway complex is a perfect blend of affordability, convenience, and character. Offering a unique design and functional layout, this property is an ideal entry point into the property market or a savvy investment in one of Sydney's most sought-after inner-city locations. Whether you're a student, young professional, or investor, this property offers endless potential in a vibrant urban precinct surrounded by world-class amenities.
- Designed as a loft-style apartment maximizing the usable space
- Potential rental return of $600 per week
- Upper-level bedroom provides privacy and a sense of space, with room for storage and natural light
- Open-plan living and dining space boasts high ceilings and large windows
- Functional kitchenette, featuring open shelving, a sink, and space for essential appliances.
- Enjoy the advantages of on-site building management and round-the-clock security services
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.
See More

Property Details for 3061/185 Broadway, Ultimo

3061/185 Broadway, Ultimo is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 28m2 and floor size of 28m2. The place is currently for sale with Kho & Lee Property Group.

Building Type
Apartment
Floor Size
28m2
Land Size
28m2

Commute Calculator

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 6,540 properties. Over the last 5 years, Houses in Ultimo have seen a 35.72% increase in median value, while Units have seen a 11.00% increase. As at 30 November 2024:

  • The median value for Houses in Ultimo is $1,886,381 while the median value for Units is $742,244.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 29 properties listed for sale, and 52 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

Market Insights
Ultimo Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ultimo Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Chris Lee
Show contact details
Helene Ly
Show contact details
Kho & Lee Property Group
Preferred contact:
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.