4027/185-211 Broadway, Ultimo NSW 2007
4027/185-211 Broadway, Ultimo NSW 2007
Micro-unit in heritage conversion | Ultimo fringe near CBD and universities | school catchment Glebe Public and Sydney Secondary | high rental yield potential | heritage overlay restricts changes
This property is positioned as a rare micro-unit within a heritage conversion. A low entry point to Ultimo’s desirable CBD fringe is offered. Its compact size is offset by strong rental demand from students and professionals, driven by proximity to universities and transport. The school catchment zone adds appeal for buyers seeking an inner-city holding. This combination of location and demand character makes it competitively strong in a tight market.
Heritage controls may constrain future alterations and could affect financing options for some buyers. The very small floor area might limit appeal to owner-occupiers but could enhance yield potential in a high-demand rental precinct. Market fluctuations in the inner-city apartment sector should be weighed when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 4027/185-211 Broadway, Ultimo NSW 2007
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Market Insight:
Ultimo is a tightly held inner-city suburb with a clear market divergence. Demand is driven by young professionals, students, and investors, capitalising on strong rental yields supported by university proximity and excellent transport links. While houses exhibit robust growth, the unit market has experienced significant recent price declines, reflecting broader affordability pressures and interest rate sensitivity. Future growth is underpinned by consistent tenant demand and infrastructure, yet constrained by very low house supply and the unit segment’s demonstrated volatility.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
1.55 acres
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