4048/185-211 Broadway, Ultimo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 6268m2 and floor size of 19m2. While the property is not currently for sale or for rent, it was last sold in February 2009.
WORRY FREE INVESTMENT/STUDENT ACCOMODATION! 19SQM STUDIO
CLOSE TO UNIVERSITIES (USYD, UTS, NOTRE DAME AND 20MINS FROM UNSW), BROADWAY SHOPPING CENTRE, CENTRAL STATION, AS WELL AS BUSES PASSING BY FROM EARLY MORNING TO PAST MIDNIGHT. ALTHOUGH PARKING SPACES NOT INCLUDED, IT CAN BE LEASED FOR $180 PER MONTH
GREAT FOR INVESTORS WITH CURRENT HIGH RENTAL RETURNS AS WELL AS AN OCCUPANCY RATE OF 98.86%. MANAGED EXCLUSIVELY BY AN ACCLAIMED INTERNATIONAL STUDENT MANAGEMENT COMPANY, UNILODGE, IT IS SURE TO BE A WORRY FREE INVESTMENT - NOT TO MENTION ITS RENTAL RETURNS PRETTY MUCH COVERS ITSELF! THIS ROOM IS CURRENTLY A HOTEL AND EARN'S A HOTEL POOLED INCOME, HOWEVER AFTER FEBRURARY NEXT YEAR IT WILL YIELD APPROXIMATELY $264P/W (BEING A HOTEL IT ALSO MEANS THIS ROOM IS PRETTY MUCH SPOTLESS AND WELL TAKEN CARE OF).
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 10.64% increase in median value, while Units have seen a 6.73% increase. As at 31 March 2026:
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