OFF MARKET

418/16-20 Smail Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 75m2
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Property Details for 418/16-20 Smail St, Ultimo

418/16-20 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 90m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2005
Floor Size
90m2
Land Size
75m2
Local Government
Sydney
Lot/Plan
46/SP74328

Last Listing description (June 2022)

Fresh, bright and displaying a sleek modern style, this ultra-cool dual level apartment makes a great statement in inner urban living with quality finishes, light-filled interiors and a prime lifestyle location. If you're looking for a set-and-forget style property which you can lock up and leave, then this is it. It makes the perfect pad for city professionals or a top investment option as it offers easy access to the CBD and a range of everyday necessities.

- Set in the boutique Fusion complex with Lux entry and interiors
- A bright interior layout with open living and dining area

- Floor-to-ceiling sliding glass articulate light and cross ventilation
- Palatial entertainers sunlit balcony off living and master bedroom
- Master bedroom retreat with adjacent office and ensuite
- Study area can be converted into a walk-in dresser if needed
- Equally spacious upper level bedroom with built-ins
- Caesarstone kitchen equipped with dishwasher and gas fittings
- Chic modern bathrooms on both levels, ensuite with tub
- Air-conditioning, intercom access and a security car space
- Easy access to Haymarket restaurants, light rail and TAFE

The property can be described as a bright and contemporary urban oasis, full of style and quietly set in the contemporary 'Fusion' development. Rarely is it possible to identify a lifestyle residence of such generous proportions and universal appeal. Positioned on the doorstep of Sydney's attractions with Broadway shops, cafes and dining options all just a short stroll away.

Outgoings:
Strata Levies: $1793 p/q approx.
Water Rates: $147 p/q approx.
Council Rates: $246 p/q approx.

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 418/16-20 Smail St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$1,120,000
12 Mar 2022
Listed for Rent
$725/w
22 Jan 2015
  • 12 Mar 2022
    Sold for $1,120,000
  • 15 Feb 2022
    Listed for Sale Auction
  • 04 Nov 2014
    Listed for Rent $725 / week
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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.
There are currently 29 properties listed for sale, and 52 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Ultimo.

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