SOLD
Sold on 10 May 2024 for $430,000

116/330-370 Wattle Street
Ultimo NSW 2007

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 82m2
Land area: 3053m2
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Property Details for 116/330-370 Wattle St, Ultimo

Building Type
Commercial
Year Built
1992
Floor Size
82m2
Land Size
3053m2
Local Government
Sydney
Lot/Plan
116/SP42936

Last Listing description (August 2024)

Located in a highly desirable commercial premises, this level three office suite in the iconic federation style building blends heritage charm with modern convenience. Large arch windows with a leafy outlook flood light into the open plan office space. This property is offered vacant possession with two executive offices, internal storage area, and a secure basement carspace.

Internal size is 82sqm plus 1 carspace
Large windows with lots of natural light

Spacious freshly painted open plan area with timber flooring
Independent, air conditioning ,dry kitchenette area
Car space in secure underground carpark, onsite building manager
Shared bathroom and toilet
Currently rented at $600 p/w

Your opportunity to be part of Sydney's commercial history:

330 Wattle Street Ultimo is a highly desirable commercial premises, a commanding presence on the corner of Wattle and William Henry Streets and diagonally opposite the peaceful green expanse of Wentworth Park.

The Neighbourhood:

Just 2km south west of the CBD, Ultimo boasts Pritzker award-winning architect Frank Gehry's Chau Chak Wing at the University of Technology Sydney, and the cutting-edge Central Park retail hub and sustainable urban renewal development.

And now the first stages are in motion to revolutionise the entire Pyrmont peninsula just down Wattle St: a new metro station; harbour foreshore walk; entertainment zone and public spaces; 6-star hotel, theatre, rooftop dining and event space at Star Casino; and further development of facilities at UTS.

The Goods Line, an elevated park and pathway inspired by New York's High Line to improve access and mobility for pedestrians and cyclists and increase public space is also slated for Ultimo.

Next door in Darling Harbour is the Sydney International Convention, Exhibition and Entertainment Precinct (SICEEP). The world-renowned Sydney Fish Market is just down the end of Wattle St. And less than 800m away is Broadway Shopping Centre, with a large range of major chains and smaller retailers, plus a vibrant food court. On the western fringe of Ultimo is delightful and eclectic Glebe, with block after block of exciting dining options plus the trendy and popular Tramsheds complex.

Our Recommended Loan Broker
Steven Thai +61 400 78 55 78
www.rfsmoney.com.au

Property History for 116/330-370 Wattle St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$430,000
10 May 2024
  • 10 May 2024
    Sold for $430,000
  • 03 Apr 2024
    Listed for Sale $430,000
  • 06 Apr 2016
    Sold for $180,000
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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.
There are currently 35 properties listed for sale, and 61 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

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Kho & Lee Property Group
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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.