OFF MARKET

403/16-20 Smail Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 75m2
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Property Details for 403/16-20 Smail St, Ultimo

403/16-20 Smail St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 75m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
2005
Floor Size
92m2
Land Size
75m2
Local Government
Sydney
Lot/Plan
32/SP74328

Last Listing description (October 2020)

Invitingly well appointed for contemporary living and flowing over two welcoming levels, this precise and well presented apartment is a home of comfort and convenience. Perfect for the professional couple or the discerning investor that seeks to capitalise on the best aspects of an inner city lifestyle.

- With a generous open plan lounge and dining area
- Split level living, cross ventilation, stunning city vistas

- New quality carpet, paint and light fittings
- Offering the potential of a substantial rental return
- Deluxe ceaser stone kitchen, stainless steel gas appliances
- Double master complete with built-ins and an ensuite
- Intercom security, protected balcony, internal laundry
- No more than moments to UTS, TAFE, Sydney University
- One block east of Broadway shopping centre & restaurants
- Secure underground parking with direct lift access
- Enjoy nearby Victoria Park & Glebe's waterfront walkways

Opening to expansive city skyline views and located simply a short walk to cafes, Haymarket restaurants, Spice Alley, museums, Broadway Shopping Centre, Chinatown and Pyrmont's Fish Markets, this inviting apartment is the perfect offering for those that seek a vibrant city lifestyle.

Outgoings:
Water Rates: $186 Quarterly
Council Rates: $208 Quarterly
Strata Levies: $1333Quarterly

With respect to the government's easing of restrictions around open homes but in a continuing effort to help stop the spread of COVID-19, we will conduct our scheduled open homes with social distancing and hygiene protocols in place, as well as continue to offer private appointments for those who prefer that method.
Please contact the listing agent for more information.

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Property History for 403/16-20 Smail St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$955,000
08 Aug 2020
  • 08 Aug 2020
    Sold for $955,000
  • 09 Jul 2020
    Listed for Sale Auction - Buyer's guide $895,000
  • 22 Jun 2005
    Sold for $545,000

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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.
There are currently 35 properties listed for sale, and 60 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Ultimo.

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