42/89-97 Jones Street, Ultimo, NSW 2007 | Property Value & History | OnTheHouse
OFF MARKET

42/89-97 Jones Street
Ultimo NSW 2007

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 96m2
Land area: 3231m2
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Property Details for 42/89-97 Jones St, Ultimo

Building Type
Commercial
Floor Size
96m2
Land Size
3231m2
Local Government
Sydney
Lot/Plan
42/SP38979

Last Listing description (May 2026)

Exceptional Investment Prospect
Spacious open-concept office space + 1 Basement parking spot
Professionally outfitted with 2 executive offices

Ultimo is a vibrant suburb located in inner-city Sydney, known for its mix of residential, commercial, and industrial buildings. It's home to several education institutions, including the University of Technology Sydney and the Sydney Institute of TAFE. It is also close to Sydney's Central Business District, making it a convenient location for businesses.

The Hub holds a prime corner location. Situated within a comfortable walking distance to the CBD, Chinatown, Central Station, UTS, Broadway Sydney Shopping Centre, Light Rail, Wentworth Park, and The Sydney Fish Markets.

We proudly present to you Suite 42 at Level 3,The Hub, 89 Jones Street, Ultimo NSW 2007

Features:
* A spacious open-concept office area of 98sqm + 1 car space, approx. 23sqm, total area 121sqm
* Professionally outfitted with 2 executive offices
* Ample built-in storage units
* A large open spaces for group meeting and working desks
* 1 basement parking spot, approximately 22sqm in size
* Fully open plan flexible space
* Air conditioned
* Own kitchenette with the suite plus communal kitchenette facilities in the buiding
* Common toilet amenities
* Currently tenanted by an accounting firm with a lease agreement in place until 20/12/2023

Outgoings:

Office Strata: $2271.05 pq
Car Space Strata: $196.20 pq
Council: $197.50 pq
Water: $28.17 pq

For further information or if you would like to inspect this property, don't hesitate to give ANND Commercial Real Estate a call today!

Property History for 42/89-97 Jones St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$220,000
22 Feb 2016
Listed for Rent
$389/w
22 Mar 2022
  • 24 Mar 2025
    Listed for Sale Not Disclosed
  • 20 Mar 2024
    Listed for Sale Price Range $600K to $660K|Suitable for office use/Training Institutes
  • 02 Jun 2023
    Listed for Sale Not Disclosed
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About Ultimo 2007

The size of Ultimo is approximately 0.6 square kilometres. There are 3 parks, covering nearly 2.1% of the 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 6,545 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:

  • The median value for Houses in Ultimo is $1,587,936 while the median value for Units is $692,782.
  • Houses have a median rent of $1,095 while Units have a median rent of $760.
There are currently 49 properties listed for sale, and 53 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 233 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.