4052/185-211 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 28m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.
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.
- Designed as a loft-style apartment, it has the potential to generate rental income of $500 per week
- The loft comes fully equipped with furniture, including a bed, wardrobe, television, study desk and chair, and a cozy lounge
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:
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