38-44 Mountain Street, Ultimo, NSW 2007 | Property Value & History | OnTheHouse
OFF MARKET

38-44 Mountain Street
Ultimo NSW 2007

Bedrooms: -
Bathrooms: -
Car spaces: 25
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Property Details for 38-44 Mountain St, Ultimo

Building Type
Commercial
Local Government
Sydney
Lot/Plan
28/DP5567

Last Listing description (November 2023)

Landmark Office Development - Coming Soon

Meticulously designed and to be transformed into one of Sydney's newest commercial headquarters. Featuring a prominent corner location in a bustling education precinct, with immediate access to Broadway Shopping Centre and great transport links. The refurbishment will consist of new ground retail activation along with state of the art office accommodation directly above. The building will feature a landscaped rooftop terrace spanning over 460 sqm with a northern outlook. The building will be ready for occupation in Q3 2024.

Features include:

- Flexible lease options from 703 - 3,587 sqm
- Refurbished building faade with substantial upgrades throughout
- Communal sky terrace with 180 degree north facing view
- Purpose built fit-out tailored for your requirements
- Designed by renowned SJB Architects
- Creatively inspired floors can be leased independently or collectively
- Education 9B users accepted
- Whole building lease opportunities with naming and branding rights
- State of the art end of trip facilities with 11 secure basement car spaces
- Expected NABERS water & energy rating of 5.5 stars

Breakdown:
Ground - 342 Sqm
Level 1 - 903 Sqm
Level 2 - 877 Sqm
Level 3 - 762 Sqm + 144 sqm double Terrace
Level 4 - 703 Sqm
Level 5 - 476 Sqm communal rooftop Terrace

Total Retail - 342 Sqm
Total Office - 3,245 Sqm

Pre-lease commitments are encouraged with significant landlord contribution towards fit-out including complete build & provision upon completion of building.

For more information or to inspect this property, feel free to give Deans Property a call today!

For more property matches, visit www.deansproperty.com.au

Property History for 38-44 Mountain St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$820,000
16 Sep 1994
  • 13 Sep 2023
    Listed for Rent - Price not available
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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 6,562 properties. Over the last 5 years, Houses in Ultimo have seen a 16.45% increase in median value, while Units have seen a -8.62% decrease. As at 31 December 2025:

  • The median value for Houses in Ultimo is $1,673,395 while the median value for Units is $685,972.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 47 properties listed for sale, and 73 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 219 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

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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.