124/308 Wattle Street, Ultimo NSW 2007

Penthouse-style apartment | Wentworth Park views | Rooftop terrace | 2-3 bedroom flexibility This property occupies a rare position in the Ultimo market, offering a penthouse configuration with a 40-square-metre rooftop terrace and elevated park views that are difficult to replicate in this precinct. The internal area of 127 to 148 square metres provides genuine space for a two or three-bedroom layout, which gives a buyer flexibility depending on household needs. The property is best suited to owner-occupiers seeking a distinctive urban home with outdoor amenity, or to investors targeting the premium end of the rental market where weekly income of approximately $2,000 is achievable. The building’s secure facilities and strong digital infrastructure support long-term liveability. The primary risk is the uncertainty around the bedroom count, which may affect resale clarity and valuation consistency. Buyers should verify the legal classification and floor plan before proceeding. The 2017 sale price of $807,000 provides a useful benchmark, though current estimated value of $1.12 to $1.45 million reflects significant capital growth. The property is not currently listed, so a buyer may need to approach the owner directly or monitor for off-market opportunities. The shared land holding of over 9,000 square metres is typical for the area and presents no unusual exposure.