562-570 Harris Street, Ultimo, NSW 2007 | Property Value & History | OnTheHouse
OFF MARKET

562-570 Harris Street
Ultimo NSW 2007

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 521m2
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Property Details for 562-570 Harris St, Ultimo

Building Type
Commercial
Land Size
521m2
Local Government
Sydney
Lot/Plan
44/DP868670

Last Listing description (July 2022)

Highly sought after Ultimo location, minutes stroll from Sydney CBD, Haymarket, Darling Harbour and Sydney's education precinct.

+ 769 sqm site area (approx.)

+ Zoned B4 Mixed Use
+ Prime corner position with 3 street frontages

Comprising 4 adjoining lots to be sold in one line, the high exposure site occupies a total of approx. 769 square metres with 3 street frontages: Harris Street, Macarthur Street and rear lane Systrum Street.

The property sits directly opposite the planned $500M revamp of the Powerhouse Museum site and is just metres from Sydney's Darling Harbour, Chinatown and CBD, plus an array of education, transport, retail, tourism, entertainment and hospitality venues.

Flexible B4 Mixed Use zoning make this an ideal opportunity for a Boutique Hotel, Student Accommodation or Mixed Use Residential development (STCA).

The property is offered with a short term lease to Hannah's Pies expiring August 2022.

For further information please contact:

Charles Gonzalez - 0412 279 588
David McClatchey - 0402 445 499
Anthony Bray - 0419 322 233

Property History for 562-570 Harris St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$7,900,000
01 Jul 2022
  • 01 Jul 2022
    Sold for $7,900,000
  • 16 Oct 2021
    Listed for Sale contact exclusive agent
  • 29 Jan 2018
    Listed for Sale Not Disclosed
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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 6,558 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, 213 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.