4116/185 Broadway, Ultimo, NSW 2007 | Apartment for sale | OnTheHouse
 
FOR SALE
$190,000

4116/185 Broadway
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
Land area: 30m2
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Strong 5.7% Net Return – $550/wk Rental in Prime City Location

Open Inspection Time: Tues 11:30 AM & Sat 11:30 AM
Set in a central location directly opposite Broadway Shopping Centre, this fully furnished loft-style apartment is an ideal investment with strong returns.
-Fixed-term lease at $550 per week, Net return 5.7%
-Fully furnished with air conditioning and a kitchenette
-Secure building with 24/7 security and on-site management
-Coin-operated laundry and communal kitchen on each level
-Close to UTS, University of Sydney, Notre Dame, and TAFE
Outgoings:
Water Rate: $179 p/q approx.
Council Rate: $277 p/q approx.
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Property Details for 4116/185 Broadway, Ultimo

4116/185 Broadway, Ultimo is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 30m2 and floor size of 30m2. The place is currently for sale with Kho & Lee Property Group.

Building Type
Apartment
Floor Size
30m2
Land Size
30m2
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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 6,556 properties. Over the last 5 years, Houses in Ultimo have seen a 20.03% increase in median value, while Units have seen a -4.65% decrease. As at 31 October 2025:

  • The median value for Houses in Ultimo is $1,708,364 while the median value for Units is $704,578.
  • Houses have a median rent of $895 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 66 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 212 properties were sold in the past 12 months in Ultimo.

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Chris Lee
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Helene Ly
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Kho & Lee Property Group
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