PRIVATE TREATYShop 13/849 George Street
Shop 13/849 George Street Ultimo NSW 2007
Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 51m2
Land area: 51m2
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Tenanted Retail Opportunity
Ray White Commercial (SC) is pleased to present to market a premium tenanted retail opportunity in the heart of Ultimo, opening to one of the busiest streets in Sydney. The property is located at Shop 13 / 849 George Street, Ultimo, will be offered for sale by negotiation.
Located within walking distance to Central Station, Haymarket, Central Park Mall and multiple universities, this retail shop offer unparalleled convenience and connectivity. The current lease provides a secure cash income for investors looking for a long-term investment opportunity. The potential internal layout also features a full open space opportunity, providing a blank canvas for future re-configuration to suit various business needs.
Additional highlights of the asset include:
• Internal floor area - 51sqm*
• Current rental income $65,000 incl GST* per annum
• Opposite Railway Square
• Immediate proximity to UTS, USYD and TAFE Ultimo Campus
• 100m* to Central Station
• 150m* to Central Park Mall
• 350m* to Haymarket Lighrail Station
See MoreProperty Details for Shop 13/849 George St, Ultimo
Building Type
Commercial
Floor Size
51m2
Land Size
51m2
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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 6,536 properties.
There are currently 41 properties listed for sale, and 47 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 212 properties were sold in the past 12 months in Ultimo.
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