234 Bulwara Road, Ultimo, NSW 2007 | House for sale | OnTheHouse
 
FOR SALE
Guide - $2,900,000

234 Bulwara Road
Ultimo NSW 2007

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 231m2
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Victorian Terrace on 231sqm with DA Approved Potential

Built c1890 and rich in Victorian character, this grand dual-fronted terrace stands proudly on an exceptional 231sqm parcel within one of Ultimo's most tightly held heritage pockets. Freestanding to one side with over 6m of street frontage, the newly refreshed two-level residence combines timeless charm, generous proportions and exciting future potential in a prime city fringe setting. Positioned on one of historic Bulwara Road's largest landholdings, the home enjoys dual street frontage with rear access via Ada Place to secure parking for up to 4 cars, an incredibly rare offering so close to the CBD. Comfortable and well presented as is, the property also comes with DA approved plans to subdivide and create a second 2-bedroom residence at the rear, offering outstanding flexibility for investors, multi-generational living or future income potential.
- Rare 231sqm dual-fronted landholding in tightly held precinct
- Grand c1890 Victorian terrace with beautiful street presence
- Freestanding to one side with over 6m street frontage
- Newly refreshed interiors across a flexible two-level layout
- Multiple living zones with generous proportions throughout
- Large rear courtyard area with valuable dual street access
- Secure parking accessed via quiet Ada Place
- Comfortable to move straight into with future upside
- Potential to enhance, reconfigure or subdivide
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Property Details for 234 Bulwara Rd, Ultimo

234 Bulwara Rd, Ultimo is a 4 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 231m2. The place is currently for sale with Ray White Touma Group.

Building Type
House
Land Size
231m2
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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 6,539 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 38 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 226 properties were sold in the past 12 months in Ultimo.

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Dalton Stewart
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Charles Touma
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Ray White Touma Group
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