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Overview
This level 2 loft-style apartment offers an efficient and modern living environment ideal for investors targeting the student accommodation market or professionals seeking proximity to universities and retail amenities. The apartment’s functional layout maximizes internal space, complementing its bright ambiance created by floor-to-ceiling windows that bathe the interior in natural light.
- Equipped with split-system air conditioning, ensuring comfort tailored to personal preferences.
- Includes a private kitchenette and bathroom facilities, affording practical independence within the apartment.
- Communal kitchen and laundry areas enhance the sense of community within the building, also supported by on-site management.
- Additional lifestyle enhancement comes from access to a rooftop terrace, providing residents with outdoor space to relax or socialize.
- Positioned opposite a major shopping center and close to city transport, the location supports convenience and connectivity.
The property’s proven rental performance, driven by consistent student demand, underlines its appeal as a stable investment. With outgoings such as water and council rates and strata fees clearly outlined, investors have a transparent view of financial responsibilities.
Local Market Insights
In Ultimo, Quiet Listings observed 9 new apartments entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $658,333. The property type mix of listed properties is predominantly Apartments at 73%, followed by units (13%), and commercial properties (13%). The most active agency for apartments in the Ultimo area is currently Kho & Lee Property Group, representing 44% of new listings, followed by Loyal Property Chatswood with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Ultimo NSW 2007
Market Insights for Ultimo NSW 2007
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