SOLD
RECENT ADVICE
Sold on 14 Sep 2024 for $803,000

1408/58-62 Mountain Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 861m2
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Property Details for 1408/58-62 Mountain St, Ultimo

1408/58-62 Mountain St, Ultimo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 861m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
72m2
Land Size
861m2
Local Government
Sydney
Lot/Plan
143/SP70825

Last Listing description (October 2024)

A dazzling panoramic backdrop of the stunning city skyline underscores the spectacular location and lifestyle of this apartment on the cusp of the CBD. Placed on the 14th floor of the highly sought after 'The Quadrant' building, this one bedroom apartment offers a great sense of space with a study yet achieves comfortability and functionality with ducted air and a secure parking space on title. With a north aspect to ensure sunshine, dual balconies and a rooftop swimming pool that soaks in the city views, this apartment is in a fantastic location with restaurants just at the doorstep. Walk an easy 350m to Central Park Mall and the University of Technology, while transport is a breeze with city buses just 500m away or a 1km stroll to Central train station.

- One bedroom and study apartment in 'The Quadrant'
- Modern split level design ensures privacy and space

- Dazzling backdrop of the iconic city skyline by night
- Window walls and a north aspect ensure great sun
- Separate study space, stone bathroom with storage
- Secure parking space, rooftop swimming pool, gym
- A choice of two balconies, king bedroom with robe
- Gas kitchen with dishwasher and microwave space
- An internal euro-style laundry, ducted air, lift access
- Great restaurants and water fountain at the doorstep
- 350m to Broadway centre and 550m to Victoria Park
- 900m to Paddy's light rail, 1.1km to Sydney University
- Rates: Water $179pq, Council $352pq, Strata $1607pq (All approx.)

Contact Eli Jacques 0427 721 754
Ercan Ersan 0423 941 112

Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)

Property History for 1408/58-62 Mountain St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$803,000
14 Sep 2024
Listed for Rent
$595/w
11 Feb 2022
  • 14 Sep 2024
    Sold for $803,000
  • 21 Aug 2024
    Listed for Sale Auction
  • 01 Dec 2021
    Listed for Rent $595 / 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 6,503 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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Contact agent
Eli Jacques
Show contact details
Ercan Ersan
Show contact details
Ray White Erskineville, Alexandria and Surry Hills
Preferred contact:
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.