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1029/185 Broadway Street, Ultimo NSW 2007

$160,000

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$160k - $168k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bed 1 Bath 32 m²

Listed: yesterday

Overview

This fully furnished one-bedroom loft within the UniLodge complex at 185 Broadway offers a compact yet functional space ideal for investors seeking steady rental income. With a thoughtfully designed loft-style layout, the apartment maximises limited square footage while providing essential amenities.

The practical kitchenette includes microwave, fridge, and storage cupboards, supporting convenient meal preparation for busy tenants.
A private bathroom with shower, vanity, and toilet ensures comfortable personal space within the unit.
Communal facilities such as shared laundry, kitchens, and a rooftop barbecue area enhance lifestyle options and foster community connection amongst residents.
On-site management combined with 24-hour security brings peace of mind, while parking options available for lease through UniLodge add flexibility.

Strategically located near Broadway Shopping Centre, University of Technology Sydney, and the University of Sydney, this property appeals to students and professionals seeking accessibility to education and transport hubs.

Regular rental income of $485 per week supported by low outgoings including water, council, and strata fees underline the investment viability. Overall, the apartment presents a low-maintenance, secure, and well-positioned opportunity within Ultimo's vibrant urban setting.

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 $882,545. The property type mix of listed properties is predominantly Apartments at 65%, followed by units (12%), and houses (12%). The most active agency for apartments in the Ultimo area is currently Kho & Lee Property Group, representing 45% 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.