Shop 1/849 George St, Ultimo, NSW 2007 | Commercial for rent | OnTheHouse
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Shop 1/849 George Street
Ultimo NSW 2007

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 80m2
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Fully Fitted Fast Food Restaurant at Sydney Central's Strategic Location

RWC Asian Investment Services is pleased to present an exceptional lease assignment opportunity for a fully fitted fast food restaurant in the heart of Sydney Central - one of the city's fastest-transforming precincts.
Positioned directly alongside KFC, McDonald's and a strong line-up of high-performing food and beverage outlets, this approximately 80sqm restaurant benefits from outstanding street front exposure and relentless passing foot traffic. With a near-new fitout already in place, this is a genuine walk-in-walk-out takeover offered at a competitive price - an ideal turnkey solution for a F&B operator looking to move quickly into one of Sydney's busiest trade areas.
Key Highlights:
*Approximately 80sqm fully fitted fast food restaurant
*Next to KFC, McDonald's and strong-performing F&B outlets
*Incredible passing foot traffic
*Impressive street front exposure
*Walk-in-walk-out takeover at a competitive price
*Strategic location in Sydney Central
*Lease expires September 2029 with a further 5-year option
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Property Details for Shop 1/849 George St, Ultimo

Building Type
Commercial
Floor Size
80m2
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About Ultimo 2007

The size of Ultimo is approximately 0.6 square kilometres. There are 3 parks, covering nearly 2.1% of the 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 6,560 properties. Over the last 5 years, Houses in Ultimo have seen a 4.45% increase in median value, while Units have seen a -12.77% decrease. As at 31 August 2026:

  • The median value for Houses in Ultimo is $1,579,141 while the median value for Units is $653,474.
  • Houses have a median rent of $1,098 while Units have a median rent of $800.
There are currently 48 properties listed for sale, and 67 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 222 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

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Samuel Gong
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RWC Western Sydney
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.