OFF MARKET

4E/56-58 Bay Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 1269m2
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Property Details for 4e/56-58 Bay St, Ultimo

4e/56-58 Bay St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1269m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2001
Floor Size
90m2
Land Size
1269m2
Local Government
Sydney
Lot/Plan
15/SP64040

Last Listing description (April 2022)

Sold by Sarah Li 0451117553
Discover a private and peaceful inner-city haven in a hidden laneway building tucked away in the heart of Ultimo's creative precinct. This unique three-level residence has been cleverly designed to provide a fresh modern home in tranquil leafy surrounds with lots of space, natural light and a choice of outdoor areas for entertaining.

- A spacious and bright open living space with timber floors

- Private roof deck is the perfect space to relax or entertain
- Two bedrooms both have built-ins and a private balcony
- Large swimming pool, gym and leafy courtyard in the building
- Upper-level home study with adjoining sitting/storage area
- Quality modern kitchen with gas fittings and dishwasher
- Oversized security car space, air-conditioning and intercom

This is the perfect pad for inner-city professionals as it offers easy access to the CBD, with universities, Broadway Shopping Centre, cafes and bus transport all within a stroll from the front door. It is immaculately presented throughout and ready to lease out or move in and enjoy straightaway.

Outgoings
Water $178 per quarter approx.
Council $225 per quarter approx.
Strata $2100 per quarter approx.

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.

Property History for 4e/56-58 Bay St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$1,160,000
18 Dec 2020
  • 18 Dec 2020
    Sold for $1,160,000
  • 12 Nov 2020
    Listed for Sale Under contract
  • 09 Apr 2015
    Sold for $925,000
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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 6,488 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 31 properties listed for sale, and 58 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.