$170,000 - $199,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely studio listing, 3125/185-211 Broadway Street, Ultimo NSW 2007
Floorplan of Homely studio listing, 3125/185-211 Broadway Street, Ultimo NSW 2007
Second view of Homely studio listing, 3125/185-211 Broadway Street, Ultimo NSW 2007
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3125/185-211 Broadway Street, Ultimo NSW 2007

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$170,000 - $199,000

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Studio for saleNEW on Homely

What's around Broadway Street

Studio description

“Outstanding Investment Opportunity in the Heart of Sydney's Education Precinct”

This is an ideal opportunity for investors to secure a fully furnished and spacious 30 sqm loft-style studio apartment in Ultimo-one of Sydney's most sought-after rental locations.

Perfectly positioned directly opposite Broadway Shopping Centre and just a short walk to the University of Sydney, UTS, Ultimo TAFE, and Notre Dame, the apartment benefits from consistent, year-round rental demand. The property is already tenanted, delivering instant and reliable rental income.

Investment Breakdown:

Gross Rental Income: $500 per week, approximately $26,000 per year

Strata Fees: $3,995 per quarter, or $15,980 annually
Council Rates: Approximately $277.25 per quarter, or $1,109 annually
Water Rates: Approximately $213 per quarter, or $852 annually
Total Outgoings: Approximately $17,941 per year

Net Annual Income: $8,059

Net Return: 4% - 4.7%*
*based on $170,000 - $200,000 price guide

Property features

broadband

Broadband

furnished

Furnished

intercom

Intercom

livingAreas

Living Areas: 1

Other features

Carpeted, Close to Schools, Close to Shops, Close to Transport, Kitchenette, Lift Installed

Council rates

$277.30 Quarterly

Building details

Area: 30m²

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Third view of Homely studio listing, 3125/185-211 Broadway Street, Ultimo NSW 2007View more
Fourth view of Homely studio listing, 3125/185-211 Broadway Street, Ultimo NSW 2007View more

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3125/185-211 Broadway Street, Ultimo NSW 2007
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