2134/185-211 Broadway, Ultimo NSW 2007

2 bed 1 bath compact floorplan | 48m² lot in 1.54-acre complex | High yield rental demand | Heritage overlay present | Inner city student precinct This property offers a rare entry point into the Ultimo market through its compact 48m² lot within a large amenity-rich complex featuring pool, gym, and secure parking. Its configuration as a two-bedroom apartment in a high-density student and professional corridor near the CBD and university precincts makes it most suitable for yield-focused investors or parents buying for children attending nearby institutions. The very low price point relative to typical Ultimo stock signals a specialist submarket where rental demand is sustained by education proximity, giving it a competitive edge for those seeking strong rental returns over capital growth. The heritage overlay may constrain future modifications to the building or facade, which could affect renovation potential or resale appeal to owner-occupiers. The absence of confirmed floor level, aspect, or view data means the unit’s pricing could vary significantly based on these unverified factors, so a strata document review is recommended to understand any restrictions or higher levy obligations typical of such complexes. The compressed price signals in this submarket may also reflect unconventional tenure or building conditions that should be clarified before forming a price view.