82/82 Mary Ann Street, Ultimo NSW 2007

82/82 Mary Ann Street, Ultimo NSW 2007
1 bed | 2 bath | rare double parking | split-level loft | Ultimo | north-light potential The property’s split-level loft layout with soaring windows is rare for Ultimo, where standard apartments are typically compact and uniform. The double parking provision is a significant competitive advantage in a suburb where off-street parking is scarce, making this unit unusually functional for a car-dependent owner or a professional seeking convenience. The building’s rooftop terrace and pool add lifestyle amenity typical of design-led inner-city stock, not standard investor-grade flats. This property is best suited to an owner-occupier who values distinctive interior space and parking over sheer size, or an investor targeting tenants who prioritise these same features. The conflicting bedroom and parking counts across records may affect perceived value for buyers who rely on standard data, so verifying the actual configuration is essential. The estimated value around $1.1 million appears high for a one-bedroom apartment in this suburb, which may reflect the parking premium rather than base unit value. The communal rooftop and pool remedial works suggest potential for special levies or future maintenance costs that could impact cash flow for an investor.
Detailed Independent Property Report prepared  by PropCred Analyst team for 82/82 Mary Ann Street, 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

2

Land

107m²

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