SOLD! SOLD! SOLD!
This 3-storey terrace is located on Harris Street close to Darling Harbour, Sydney TAFE and UTS.
The ground level is leased to a caf/bakery till 27 September 2014, the tenant has an option to renew the lease for a further 5 years. The current rent is $850 per week + GST, it will be increased to $1,000 per week + GST from 28 September 2011 and subsequent annual rent increase will be subject to CPI adjustment.
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 6,539 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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