SOLD
RECENT ADVICE
Sold on 27 Nov 2024 for $723,000

502/111 Quarry Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 60m2
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Property Details for 502/111 Quarry St, Ultimo

502/111 Quarry St, Ultimo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 60m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
44m2
Land Size
60m2
Local Government
Sydney
Lot/Plan
102/SP73318

Last Listing description (December 2024)

An incredibly rare find within an exclusive building of just four unique residences. Stepping inside, you're welcomed by a seamless blend of brand new floorboards, fresh paint, and modern lighting, along with new fixtures, including a luxurious rainforest shower, all breathing new life into each space. Every detail has been thoughtfully considered to create a harmonious atmosphere, allowing you to enjoy the best of urban living with a refined and intimate touch.

-Boutique building with only 4 units, with lift access
-Private and secure entry discreetly located on Quarry Street

-Secluded, cozy, and inviting sanctuary hidden within the city
-The bedroom features a large built-in wardrobe and a private ensuite
-Thoughtfully designed to maximize space and natural light throughout
-Contemporary bathroom with premium fixtures and finishes, including a rainforest shower
-Estimated rental yield is approximately $750 per week
-Building facilities include a gym, on-site building manager, and ample visitor parking
-Secure complex with intercom access, lift, and private storage cage in a secured room
-Reserved parking spot conveniently located near the lift and a separate secure 3qm storage cage
-Located right next to Ian Thorpe Pool and the Light Rail stop, and just a short walk to the city and across the road from Darling Quarter, Chinese Gardens, ICC leading to Darling Quarter and the new IMAX, W Hotel and Darling Harbour districts

Whether you're looking for a stylish home or a prized investment, this rare listing presents the perfect balance of comfort, privacy, and proximity to Sydney's best offerings, the convenience is unparalleled.

Outgoings:
Water Rate: $179 p/q approx.
Council Rate: $260 p/q approx.
Strata Levy: $1,223 p/q approx.

Property History for 502/111 Quarry St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$723,000
27 Nov 2024
  • 27 Nov 2024
    Sold for $723,000
  • 01 Nov 2024
    Listed for Sale $723,000
  • 29 May 2024
    Listed for Sale Buyers guide $700,000 - $750,000
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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.
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.

Suburb Insights for Ultimo 2007

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Kho & Lee Property Group
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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.