SOLD
Sold on 21 Mar 2024 for $12,100,000

33A Ultimo Road
Haymarket NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2106m2
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Property Details for 33a Ultimo Rd, Haymarket

Building Type
Commercial
Land Size
2106m2
Local Government
Sydney
Lot/Plan
3/DP1186708

Last Listing description (October 2023)

Exclusively appointed, Savills and Colliers are pleased to offer a rare opportunity at acquire a strong performing Woolworths Metro Supermarket Investment located in the Southern end of the Sydney CBD.

Woolworths Metro is a 100% fully leased investment underpinned by a strong lease covenant to Woolworths Group Limited (ASX: WOW). The investment offers a simple management proposition for an incoming investor, whilst generating steady rental returns of $623,560 + GST p.a.


Located 300m* from one of the largest transport hubs Central Station and within Sydney's most vibrant university and technology precinct, the Metro is strategically positioned to benefit from the existing superior amenities and future transformation of Tech Central precinct.

Woolworths Metro Haymarket is being sold via an Expressions of Interest campaign closing Thursday 30 November 2023 at 3pm (AEDT).

*Approximately

Property History for 33a Ultimo Rd, Haymarket, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$12,100,000
21 Mar 2024
  • 21 Mar 2024
    Sold for $12,100,000
  • 31 Oct 2023
    Listed for Sale Contact Agent

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About Haymarket 2000

The size of Haymarket is approximately 0.5 square kilometres. It has 3 parks covering nearly 8.3% of total area. The population of Haymarket in 2011 was 5,376 people. By 2016 the population was 7,364 showing a population growth of 37.0% in the area during that time. The predominant age group in Haymarket is 20-29 years. Households in Haymarket are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Haymarket work in a community and personal service occupation. In 2011, 31.6% of the homes in Haymarket were owner-occupied compared with 25.1% in 2016..

Haymarket has 6,215 properties. Over the last 5 years, Houses in Haymarket have seen a 51.68% increase in median value, while Units have seen a -9.23% decrease. As at 31 August 2024:

  • The median value for Houses in Haymarket is $1,116,359 while the median value for Units is $1,059,707.
  • Houses have a median rent of $1,050 while Units have a median rent of $1,150.
There are currently 44 properties listed for sale, and 41 properties listed for rent in Haymarket on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Haymarket.

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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.