SOLD
Sold on 01 Nov 2023 for $1,050,000

1003/58-62 Mountain Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 122m2
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Property Details for 1003/58-62 Mountain St, Ultimo

1003/58-62 Mountain St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 122m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Ultimo in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
104m2
Land Size
122m2
Local Government
Sydney
Lot/Plan
53/SP70825

Last Listing description (December 2023)

Discover unparalleled sophistication in this dual level apartment, perfectly placed within the renowned Quadrant development. Bask in city vistas from this superior residence, which perfectly melds modern style with everyday functionality. Tailored for those prioritizing a seamless, low-maintenance lifestyle, this property sits at the heart of one of the most coveted resort communities.

Features:
- Dual level layout providing maximum privacy in living

- Fresh appeal with recent new paint and new carpet
- Air-conditioned throughout
- Ingeniously designed open-concept living and dining area
- Dual bedrooms featuring sleek mirrored built-in robes
- Convenience of an added powder room for visitors
- Seamless transition to a shaded balcony through sliding glass doors
- State-of-the-art kitchen adorned with quality appliances
- Enhanced security features include basement parking and intercom
- Exclusive resident privileges: rooftop swimming pool and a gym
- An enticing proposition for both discerning homeowners and strategic investors
-A stone's throw from Broadway Shopping Centre, premier Universities, and the bustling CBD

Outgoings:
Water Rates: $180p/q approx.
Council Rates: $280 p/q approx.
Strata levies: $1,686p/q approx.

*Virtual furniture in photos.

Property History for 1003/58-62 Mountain St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$1,050,000
01 Nov 2023
Listed for Rent
$850/w
07 Oct 2022
  • 01 Nov 2023
    Sold for $1,050,000
  • 27 Sep 2023
    Listed for Sale Under Contract
  • 28 Sep 2022
    Listed for Rent $900 / week
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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. Over the last 5 years, Houses in Ultimo have seen a 63.93% increase in median value, while Units have seen a 16.91% increase. As at 31 July 2024:

  • The median value for Houses in Ultimo is $2,593,961 while the median value for Units is $752,054.
  • Houses have a median rent of $900 while Units have a median rent of $720.
There are currently 39 properties listed for sale, and 52 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

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Patricia Kho
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Sarah Li
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Kho & Lee Property Group
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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.