3104/185-211 Broadway Ultimo NSW 2007
Property Details for 3104/185-211 Broadway, Ultimo
3104/185-211 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 December 2024. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.
Last Listing description (December 2024)
This charming apartment in the heart of Ultimo presents an outstanding opportunity for savvy investors seeking high rental returns and minimal upkeep. With its unique design and highly sought-after location, this property appeals to a broad range of tenants, ensuring strong demand year-round. The apartment's fully furnished layout, combined with thoughtful amenities and modern conveniences, makes it an attractive choice for students and professionals alike, while delivering reliable and consistent income for the owner.
- Loft style bedroom maximizes space and privacy while generating $450pw
- Fully equipped with furniture, ready to be rented out upon sale
- On-site building management and round-the-clock security services
This expansive loft, ideally situated in the city's core across from Broadway Shopping Centre, is perfect for investors and students alike. It offers easy access to prominent educational institutions including UTS, Sydney University, Notre Dame University, and TAFE, ensuring unparalleled convenience and connectivity.
Outgoings
Strata: $3,106 p/q approx
Water: $178 p/q approx
Council: $266 p/q approx
Property History for 3104/185-211 Broadway, Ultimo, NSW 2007
- 16 Dec 2024Sold for $160,000
- 22 Nov 2024Listed for Sale $160,000
- 18 May 2010Sold for $172,000
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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 6,540 properties. Over the last 5 years, Houses in Ultimo have seen a 35.72% increase in median value, while Units have seen a 11.00% increase. As at 30 November 2024:
- The median value for Houses in Ultimo is $1,886,381 while the median value for Units is $742,244.
- Houses have a median rent of $850 while Units have a median rent of $750.
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