$265K
$40,469
Confidence
High
High
$1,800,000
Medium
$1,620,000
Low
$1,400,000
Confidence
Medium
"Open Inspection Saturday from 300 pm to 400 pm. Discover a generously proportioned urban retreat in this 47 m 1bedroom loft, ideally located in the bustling Broadway precinct of Ultimo. Offering an impressive amount of private space, this loft is perfect for those seeking a spacious and comfortable living environment, whether youre sharing with a roommate or simply enjoying the luxury of extra room. The loft is designed to maximize comfort and convenience, with a wideopen layout that provides ample space for two people to live comfortably. The large windows are a standout feature, allowing natural light to flood the living area and offering vibrant views of the street below, connecting you to the dynamic energy of the surrounding cityscape. With its thoughtfully designed space, this loft ensures that both residents have plenty of room to relax, work, and unwind in privacy. The open floor plan easily accommodates twin living arrangements, making it an ideal choice for students, professionals, or anyone who values a spacious and shared living environment. Situated in the heart of Ultimos University District, this loft offers easy access to public transport, with bus stops right outside and Central Station and Haymarket Light Rail Station just a short walk away. Its prime location near UTS, the University of Notre Dame, USYD, and a quick light rail trip to UNSW ensures that youre never far from campus, while nearby Victoria Park, the outdoor pool, and Broadway Shopping Centre provide convenient leisure and shopping options. Key Features Spacious living 47m 1bedroom loft on Broadway in Ultimo, ideal for comfortable solo or shared living. Roommatefriendly Wideopen layout provides ample space for two people to live comfortably. Panoramic views Large windows offer abundant natural light and vibrant street views of Broadway. Generous size Impressively large area for a 1bedroom, allowing for versatile living arrangements. Prime location In the University District, close to UTS, University of Notre Dame, and USYD. Excellent transport Bus stop at doorstep, short walk to Central Station and Haymarket Light Rail. Urban lifestyle Near Victoria Park, outdoor pool, and Broadway Shopping Centre for a balanced city experience. This exceptional citycentric location is also highly appealing to investors. Foreign students may purchase this property subject to FIRB approval, and firsttime home buyers benefit from exemption from stamp duty. For further details or to arrange an exclusive viewing, please contact the exclusive sales Jimmy Chen 0426729468. We make no guarantees or warranties regarding the accuracy of the information andor statements provided. Interested parties are encouraged to conduct their own inquiries."
-
-
-
-
$1,435,000
+
16.9%
13.4%
33.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$185,000
Estimated Purchase Price
$185,000
Stamp Duty
$4,720
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$18,500
Reg. Mortgage
$164
LMI Premium
$2,855
Renovation Costs
-
Total Cash/Equity Required
$28,435
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$708
$924
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$24,713
$35,658
Interest Repayments
$10,989
$10,989
Net Cashflow Before Tax
$13,724
$24,669
Depreciation
-
-
Tax Offset
$4,117
$7,401
Net Cashflow After Tax
$9,607
$17,268
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,730,160
$3,127,718
Loan Balance
I.O
$166,500
$166,500
$1,563,660
$2,961,218
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2021 Population
Suburbs
Professional, Scientific and Technical Services - 19.0%
Financial and Insurance Services - 18.0%
Public Administration and Safety - 7.0%
Accommodation and Food Services - 7.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price