Sale Price Unavailable Contact Agent For Address
Contact Agent For Address Ultimo NSW 2007
Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 129m2
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Shop for Sale in Sydney Ultimo - Prime Location in the Heart of Business District (S13)
Located in the heart of Sydney's bustling business district, this exceptional retail space presents a lucrative investment opportunity. Situated in Ultimo, just steps away from the university, this shop boasts high foot traffic and immense potential for various business ventures.
Lease Details: With 9 years remaining on the lease, this property offers stability and a long-term investment opportunity with the current tenant.
Stable income: The current rent stands at $5300+ per month, including GST, with the tenant responsible for all outgoings, providing a steady income stream for the new owner.
Versatile Usage: Equipped with a grease trap and exhaust fan, this shop is ideal for various purposes such as a restaurant, café, or retail outlet, offering versatility to potential buyers.
Potential: There is potential for rezoning by the council, subject to approval, opening up possibilities for further development or expansion of the business.
Don't miss out on this rare opportunity to own a prime property in one of Sydney's most sought-after locations. Contact us today to arrange a viewing and secure your investment in this thriving business district.
Property Reference: #S-13
Property Details for Contact Agent For Address, Ultimo
Building Type
Commercial
Floor Size
129m2
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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 6,541 properties.
There are currently 44 properties listed for sale, and 53 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Ultimo.
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