3125/185-211 Broadway, Ultimo, NSW 2007 | Studio for sale | OnTheHouse
FOR SALE
$180,000 - $199,000

3125/185-211 Broadway
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
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Outstanding Investment Opportunity in the Heart of Sydney's Education Precinct

This is an ideal opportunity for investors to secure a fully furnished and spacious 30 sqm loft-style studio apartment in Ultimo-one of Sydney's most sought-after rental locations.
Perfectly positioned directly opposite Broadway Shopping Centre and just a short walk to the University of Sydney, UTS, Ultimo TAFE, and Notre Dame, the apartment benefits from consistent, year-round rental demand. The property is already tenanted, delivering instant and reliable rental income.
Investment Breakdown:
Gross Rental Income: $500 per week, approximately $26,000 per year
Strata Fees: $3,995 per quarter, or $15,980 annually
Council Rates: Approximately $277.25 per quarter, or $1,109 annually
Water Rates: Approximately $213 per quarter, or $852 annually
Total Outgoings: Approximately $17,941 per year
Net Annual Income: $8,059
Net Return: 4% - 4.7%*
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Property Details for 3125/185-211 Broadway, Ultimo

3125/185-211 Broadway, Ultimo is a 1 bedroom, 1 bathroom Studio. The property has a floor size of 30m2. The place is currently for sale with Stone Real Estate Maroubra.

Building Type
Studio
Floor Size
30m2
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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 6,552 properties. Over the last 5 years, Houses in Ultimo have seen a 9.39% increase in median value, while Units have seen a -7.66% decrease. As at 31 May 2026:

  • The median value for Houses in Ultimo is $1,650,778 while the median value for Units is $690,495.
  • Houses have a median rent of $1,098 while Units have a median rent of $775.
There are currently 45 properties listed for sale, and 62 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 246 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

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Ivan Gunawan
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Mel Tjong
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Stone Real Estate Maroubra
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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.