56 Mountain Street, Ultimo, NSW 2007 | Property Value & History | OnTheHouse
 
OFF MARKET

56 Mountain Street
Ultimo NSW 2007

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1709m2
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Property Details for 56 Mountain St, Ultimo

Building Type
Commercial
Land Size
1709m2
Local Government
Sydney
Lot/Plan
4/SP71098

Last Listing description (May 2021)

250 square metre retail premises
DA approved restaurant - 82 person capacity
On premises liquor license - cafe/restaurant

Enormous glass shop frontage with bifold doors
Includes huge outdoor seating area
Male/female/mobility impaired amenities
Adjacent DDB Global Advertising Company
Adjacent Torrens University Ultimo Campus
Thousands of residents in the precinct
Ideal usages include;
Supermarket,Restaurant,Medical
The tenancy has an enormous range hood + cool rooms
Double height ceilings + amazing natural light

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Property History for 56 Mountain St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$1,628,000
07 Feb 2015
Listed for Rent
$115k/w
16 May 2021
  • 27 Apr 2021
    Listed for Rent $115,000 / week
  • 21 Feb 2020
    Listed for Rent - Price not available
  • 18 Feb 2016
    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 6,557 properties. Over the last 5 years, Houses in Ultimo have seen a 10.70% increase in median value, while Units have seen a -5.81% decrease. As at 30 November 2025:

  • The median value for Houses in Ultimo is $1,668,761 while the median value for Units is $706,429.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 46 properties listed for sale, and 68 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 218 properties were sold in the past 12 months in Ultimo.

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