305/2-12 Smail StreetUltimo NSW 2007
Property Details for 305/2-12 Smail St, Ultimo
305/2-12 Smail St, Ultimo is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Ultimo in the last 12 months.
Last Listing description (March 2024)
An incredible chance awaits the initial homebuyer or investor to acquire this vibrant two-bedroom apartment, enticing with its appearance, quality finishes, and a prime location featuring numerous amenities within easy reach. Nestled in The Mark warehouse conversion, it presents a secluded urban sanctuary with contemporary interiors and clever design.
• Light filled throughout with open living and dining areas
• Wide covered balcony that captures elevated urban outlooks
• Tastefully appointed kitchen and sleek appliances
• Ensuite, main bathroom plus a separate internal laundry
• Security basement parking plus a 5 cubic meters storage space commander right behind the car space
• Residents access to a rooftop entertainment area
• A superb investment with excellent potential returns
Strategically positioned for city professionals and investors, this exceptional property is conveniently situated within a short walk of Broadway Shopping Centre, Sydney University, and UTS, along with a diverse selection of restaurants and cafes.
Property History for 305/2-12 Smail St, Ultimo, NSW 2007
- 15 Mar 2024Sold for $1,240,000
- 27 Oct 2018Sold for $862,000
- 03 Feb 2006Sold for $500,000
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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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