FOR SALE
$595,000

74/89-97 Jones Street
Ultimo NSW 2007

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 105m2
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Calling Investors

Located in the iconic Hub building in Ultimo, within close proximity to Central Station, Broadway shopping Centre, Chinatown and Darling Harbour.
This fabulous office space offers:
- Large open space with kitchenette.
- Light filled office with natural sunlights
- Air conditioned suite
- 105sqm suite with 1 security car space
- Loading area
- On site building manager
- Gym, Sauna, tennis court, BBQ facilities available with suite
Currently leased for $29,000pa, 3% annual increase until Feb 2027
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Property Details for 74/89-97 Jones St, Ultimo

Building Type
Commercial
Floor Size
105m2

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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 6,540 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.

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Helene Ly
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Kho & Lee Property Group
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