*First Time On The Market In Nearly 20 Years
*Well Presented Corner Shop with Excellent Exposure
*Brand New 3 Year Lease With Option
Top One Property and Eora Agency are delighted to offer Shop 95, 460 Jones Street, Ultimo For Sale.
The property entices with a handy city fringe position, with cafe, restaurants, shops and transport right at the doorstep. It features excellent frontage to both Henry William Street and Jones Street. Rare opportunity to acquire high exposure corner shop. The property is currently leased to a well performing tenant "E-Bikes World". Outgoings are 100% recoverable from the tenant. Do not miss this affordable Triple Net Lease investment. It's also perfect for occupiers who would like to invest first and occupy later on.
Key Selling Features:
*Approx.55sqm retail area + Approx.15sqm basement storage
*2 car spaces on title - rare for this area
*Rental income approx.$26,545 pa + GST
*Busy corner position with high traffic flow
*Walking distance to Darling Harbour, Chinatown and moments to the heart of CBD
Open Inspection: By Appoinment
Lot 95/460 Jones Street Ultimo will be offered to the market for sale via Private Treaty. Please contact our sales representatives for inspection. Sales contract and Lease agreement can be made available upon request.
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 6,555 properties. Over the last 5 years, Houses in Ultimo have seen a 16.45% increase in median value, while Units have seen a -8.62% decrease. As at 31 December 2025:
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