Grand 285sqm NE Penthouse with Expansive Terrace & Iconic City Views

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299/71 Jones Street, Ultimo NSW 2007

Auction Guide $1,980,000

Search Band Search Visibility Band

$1.9M - $2.09M Low Confidence Calculated based on limited search observations.

Apartment 3 Beds 2 Baths 2 Cars 285 m² 285 m²

Listed: 3 days ago

Updated: 13 hours ago

Overview

Positioned in a highly sought-after inner-city location, this expansive north-east facing penthouse apartment spreads over a generous 285 square meters on title, offering an exceptional urban lifestyle in the heart of Ultimo. Its commanding penthouse stance grants spectacular views over Sydney's iconic city skyline and Anzac Bridge, setting a captivating backdrop for both day-to-day living and entertaining.

The residence features three distinct outdoor areas, including a large terrace fitted with low-maintenance synthetic grass, perfect for versatile year-round enjoyment. A covered patio adds all-weather flexibility to hosting, complementing the outdoor lifestyle the space encourages.

Inside, the apartment's open-plan living and dining areas, enhanced by tiled flooring, create a seamless flow for social gatherings and family time alike. The contemporary kitchen is appointed with a marble island bench and quality appliances, presenting a stylish and practical heart of the home.

Comfort is assured through timber floorboards in the bedrooms and comprehensive air conditioning throughout, while dual dedicated study spaces offer flexible areas for working from home or study. Ample storage solutions are incorporated thoughtfully throughout the residence to maintain a clutter-free environment.

Secure tandem parking accommodates two vehicles, alongside a large storage cage for additional convenience. Residents can enjoy the security of an on-site building manager and dedicated security, coupled with resort-style amenities including an indoor swimming pool, spa, sauna, gym, and communal facilities such as a meeting room and BBQ area.

Perfectly positioned with immediate access to major transport links and local hotspots like Broadway Shopping Centre, Darling Harbour, Chinatown, UTS, University of Sydney, and Central Station, this property offers a superb blend of lifestyle, connectivity, and urban convenience.

Generous 285sqm penthouse footprint on title
Three separate outdoor spaces with low-maintenance synthetic grass
Striking city and bridge views
Open-plan living with quality finishes and contemporary kitchen
Two flexible study areas for home working needs
Secure tandem parking plus large storage cage
Resort-style communal facilities and on-site management
Excellent location near shops, schools, transport, and recreation

Local Market Insights

In Ultimo, Quiet Listings observed 11 new apartments entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $891,636. The property type mix of listed properties is predominantly Apartments at 69%, followed by units (13%), and houses (13%). The most active agency for apartments in the Ultimo area is currently Kho & Lee Property Group, representing 36% of new listings, followed by Ray White with 27%. 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.