23/288-306 Wattle St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 9082m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2007.
Presenting a unique investment opportunity in the Acacia tower, this dual key apartment offers the potential to collect two incomes simultaneously. Positioned high in a building boasting resort style facilities, it provides a low maintenance lifestyle or dual income opportunity.
Currently configured as two separate adjoining residences
Apartment 23A- one bedroom apartment renting for $390pw
Apartment 23B- self-contained studio renting for $290pw
Modern quality finishes, 23A comes with outdoor terrace
Modern granite kitchens, 23A with Smeg appliances
Bedrooms with mirrored built in wardrobes and picture windows
Ducted air conditioning, AV intercom security, plush carpets
Excellent pool and gym facilities and private barbecue area
Central location moments to fish markets, entertainment, eateries
Walk to Ian Thorpe Aquatic Centre, transport, Tafe and UTS
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 6,537 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:
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