3125/185-211 Broadway

Ultimo NSW 2007

30 m²

Studio

Currently for sale - view listing

Overview

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