1115/185-211 Broadway Ultimo NSW 2007
Property Details for 1115/185-211 Broadway, Ultimo
1115/185-211 Broadway, Ultimo is a 1 bedroom, 1 bathroom Unit and was built in 1900. The property has a land size of 6268m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.
Last Listing description (July 2024)
This spacious loft, ideally situated in the heart of the city across from Broadway Shopping Centre, offers a prime opportunity for both investors and students. It is conveniently close to major educational institutions such as UTS, Sydney University, Notre Dame University, and TAFE, ensuring exceptional accessibility.
- Designed as a loft-style apartment, it has the potential to generate a rental income of $500 per week.
- The loft is fully furnished with a bed, wardrobe, television, study desk and chair, and a comfortable lounge area.
- For added convenience, each floor has coin-operated laundry facilities, and there is a communal kitchen available.
- Benefit from on-site building management and 24/7 security services.
Its prime central location offers easy access to universities, shops, dining options, and public transportation.
Property History for 1115/185-211 Broadway, Ultimo, NSW 2007
- 19 Jun 2024Listed for Sale Contact Agent
- 27 May 2024Sold for $132,000
- 06 Oct 2021Listed for Sale $199,000
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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 6,503 properties. Over the last 5 years, Houses in Ultimo have seen a 43.85% increase in median value, while Units have seen a 14.54% increase. As at 31 October 2024:
- The median value for Houses in Ultimo is $1,798,734 while the median value for Units is $794,188.
- Houses have a median rent of $855 while Units have a median rent of $740.
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