2116/185-211 Broadway Ultimo NSW 2007
Property Details for 2116/185-211 Broadway, Ultimo
2116/185-211 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 30m2. 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.
Last Listing description (November 2024)
With stunning bay side windows, this is the perfect apartment for investors and students alike. Coming fully furnished and with an air conditioning unit, the property is ready to go upon sale!
- Designed as a loft-style apartment with potential to generate $600pw rental
- The bathroom is fitted with a shower, vanity, and toilet
- Coin-operated laundry facilities on each floor and a communal kitchen
- Enjoy the advantages of on-site building management and round-the-clock security services
- Its prime, central location puts universities, shops, dining, and public transportation just a short distance away
This expansive loft, perfectly located in the city's core across from the Broadway Shopping Centre, represents an ideal opportunity for both investors and students. It is within easy reach of key educational institutions such as UTS, Sydney University, Notre Dame University, and TAFE, offering unparalleled access and convenience.
Outgoings:
Water Rate: $179 p/q approx.
Council Rate: $255 p/q approx.
Strata Levy: $3,737 p/q approx.
Property History for 2116/185-211 Broadway, Ultimo, NSW 2007
- 04 Sep 2024Sold for $165,000
- 28 Aug 2024Listed for Sale $165,000
- 19 Jul 2008Sold for $9,000
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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 6,501 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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