OFF MARKET

507/70-78 Mountain Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 83m2
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Property Details for 507/70-78 Mountain St, Ultimo

507/70-78 Mountain St, Ultimo is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 83m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2003
Floor Size
74m2
Land Size
83m2
Local Government
Sydney
Lot/Plan
26/SP70826

Last Listing description (May 2023)

Bright streamlined interiors, a sleek contemporary feel and versatile layout combine in this oversized two-bedroom apartment to make a perfect low-maintenance home or investment. Set in the landmark Quadrant complex off Broadway, the 81sqm approx apartment is set high on the north-west corner of a secure block with lift access to secure undercover parking as well as access to superb facilities including a heated rooftop pool with city views, barbecue terrace and gym. A prime investment on the city fringe, this well-maintained complex is set in Sydney's world-class educational corridor within easy walking distance of UTS, Notre Dame University and the University of Sydney with an open-air piazza and on-site retail and dining precinct. Footsteps to Broadway's retail hub and cinemas, this is an excellent investment prospect with high rental demand and attractive returns as well as on-site management.

- Level 5 with secure lift access and undercover parking
- 2 double beds with built-ins plus separate media room

- Engineered floorboards, clean lines and loads of storage
- Open plan living/dining bathed in northerly sunshine
- Deep north facing entertainer's terrace, privacy screen
- Granite gas kitchen, integrated stainless steel appliances
- Freshly schemed bathroom, separate internal laundry
- Study alcove or storeroom, wide entry hall, linen press
- Sunny rooftop pool with city views, bbq terrace, gym
- 100m stroll to Broadway shops, UTS and TAFE Ultimo
- Ideal city pad or a prime investment with high demand
- Rates: Water $185pq, Council $289pq, Strata $1621pq (All approx.)
Our recommended loan broker - Tommy Nguyen www.loanmarket.com.au/tommy-nguyen

Contact Bianca Field 0437 059 157
Matthew Carvalho 0404 006 744

Property History for 507/70-78 Mountain St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$1,006,000
18 Mar 2023
  • 18 Mar 2023
    Sold for $1,006,000
  • 22 Feb 2023
    Listed for Sale SOLD
  • 31 Jul 2018
    Sold for $950,000
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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.