7/185-211 Broadway Ultimo NSW 2007
Property Details for 7/185-211 Broadway, Ultimo
7/185-211 Broadway, Ultimo is a 1 bedroom, 1 bathroom Unit and was built in 1900. The property has a land size of 6234m2.
Last Listing description (December 2022)
Rare retail opportunity with refurbished commercial kitchen and Dining area located next to one of Australia's busiest Shopping Centres and underneath Unilodge - The largest student housing precinct in the city of Sydney. This is a great opportunity for a small F&B provider to capitalise on a DA approved shop in one of Sydney's busiest precincts.
Features include:
- DA approved for food and beverage
- Brand new commercial kitchen including grease trap and mechanical exhaust
- High flow foot traffic location
- Join the likes of McDonalds and Oporto's returning to Ultimo
- Ideal fit-out with front and back of house separation
- Located in highly dense student and education precinct
- 2 minute walk to one of Australia's highest trading centres - Broadway Sydney Shopping Centre
For any more information or to inspect this property, feel free to give Deans Property a call today!
For more property matches, visit www.deansproperty.com.au
Property History for 7/185-211 Broadway, Ultimo, NSW 2007
- 20 Apr 2021Listed for Rent $104,000 / year
- 21 Aug 2019Listed for Rent $104,000 / year
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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.
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