2/29 Mountain Street, Ultimo, NSW 2007 | Apartment for sale | OnTheHouse
 
FOR SALE
Buyers Guide $850,000 - $930,000

2/29 Mountain Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 99m2
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Hidden Inner City Retreat in the Heart of Sydney

Positioned within the boutique 'The Kennedy' residence, this stylish two-bedroom apartment offers a rare sense of space, privacy and natural light in one of Sydney's most connected city-fringe locations. Designed for easy living, the expansive open-plan living and dining area flows seamlessly to a covered terrace enjoying warm afternoon light and a peaceful elevated outlook.
• Expansive open living and dining zone flowing seamlessly to covered terrace entertaining
• Sunlit 14sqm terrace enjoying afternoon light and a peaceful elevated streetscape outlook
• Contemporary stone kitchen with granite benchtops and breakfast bar for casual dining
• Two spacious bedrooms with built in wardrobes, offering generous storage
• Stylish fully tiled bathroom with combined bath and shower, internal laundry
• High ceilings, freshly refreshed interiors, secure lift access and intercom entry throughout
• Secure undercover parking with convenient access via the quiet and discreet Mountain Lane
• Generous 85sqm internal layout complimented by an additional 14sqm secure parking (99sqm on title)
• Exceptional investment or lifestyle opportunity within a high demand inner city enclave
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Property Details for 2/29 Mountain St, Ultimo

2/29 Mountain St, Ultimo is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 99m2 and floor size of 85m2. The place is currently for sale with Ray White Pyrmont.

Building Type
Apartment
Floor Size
85m2
Land Size
99m2
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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 6,540 properties. Over the last 5 years, Houses in Ultimo have seen a 6.58% increase in median value, while Units have seen a -6.71% decrease. As at 30 April 2026:

  • The median value for Houses in Ultimo is $1,587,936 while the median value for Units is $692,782.
  • Houses have a median rent of $1,095 while Units have a median rent of $760.
There are currently 49 properties listed for sale, and 41 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 233 properties were sold in the past 12 months in Ultimo.

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Sami Yildiz
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Oktay Yildiz
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Ray White Pyrmont
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