Rare food ready restaurant site with high foot traffic. With a history of successful restaurant tenancies, this premise will suit food businesses as well as a range of retail/medical uses (STCA).
Positioned on one of the best street in Ultimo, surrounded by an incredible mix of residentials, Sydney TAFE Ultimo, government and private Institutions alike. This property has an extensive fit-out which includes a fully fitted kitchen, wok burner and grease trap/exhaust facilities from a previous fit out.
The property itself benefits from the introduction of the light-rail and short distance to Broadway and Central Station, making ease of access to other major hubs a breeze, along with servicing Ultimo copious amounts of creative and commercial buildings.
The property features;
- 110 sqm approx.
- Internal seating
- Outdoor under-covered storage/additional prep area
- Grease trap & exhaust
- Wok station, prep bench and fridges.
- Internal bathroom facilities
- DA approved Food usage
- High foot traffic
- Suits a range of business (STCA)
- Flexible terms
- Rear loading/parking
- Available from 15th October
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 10.64% increase in median value, while Units have seen a 6.73% increase. As at 31 March 2026:
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