163 Broadway, Ultimo, NSW 2007 | Commercial for rent | OnTheHouse
 
FOR RENT
$5416.67/Month Plus GST

163 Broadway
Ultimo NSW 2007

Bedrooms: -
Bathrooms: -
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Floor area: 12m2
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New Renovated Food Stations - Last One Left

Located at 163 Broadway, this iconic venue, once home to one of Ultimo's renowned restaurants, is about to be revitalized. Spanning 200 square meters across two levels, this meticulously designed commercial space is set to transform into a stylish dining and entertainment hub, perfectly adapted to the evolving retail landscape.
All renovation will be done ETA end of Jan 2025. The newly renovated interior will feature four fully-structural fitted commercial kitchens and one dedicated dessert and beverage station, offering a turnkey solution for aspiring restaurateurs. Entrepreneurs can step into a well-prepared, branded space and start operating immediately.
This redevelopment is designed to offer an ideal, low-risk opportunity for new food ventures or those looking to expand into Ultimo. Post-COVID, the initial costs of entering the retail food industry have deterred many promising business opportunities. With this in mind, the project's owner has made significant investments to support emerging businesses, offering a flexible lease structure, comprehensive shared services, and a fully optimised setup to ensure a smooth start.
This is the opportunity you've been waiting for. Act quickly-enquiries are open now!
*We do not guarantee or give any warranty as to the accuracy of information and/or statements provided. Interested parties must rely on their own inquiries.

Property Details for 163 Broadway, Ultimo

Building Type
Commercial
Floor Size
12m2
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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 2016 was 8845 people. By 2021 the population was 7410 showing a population decline of 16.2% 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 $3000 - $3999 per month on mortgage repayments. In general, people in Ultimo work in a professional occupation.In 2021, 24.60% of the homes in Ultimo were owner-occupied compared with 25.00% in 2016.

Ultimo has 6,557 properties. Over the last 5 years, Houses in Ultimo have seen a 10.70% increase in median value, while Units have seen a -5.81% decrease. As at 30 November 2025:

  • The median value for Houses in Ultimo is $1,668,761 while the median value for Units is $706,429.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 47 properties listed for sale, and 68 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 214 properties were sold in the past 12 months in Ultimo.

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Edwin Wang
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Hayley He
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Ray White Waterloo
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