SP64040

56-58 BAY STREET ULTIMO

ULTIMO · 2007 · SYDNEY

32

total lots

Location

Loading map...

Boundary sourced from NSW Spatial Services (StrataHub).

Strata Manager

Whelan Property Group Pty Ltd

Licence: 1373234

Last AGM: 3 September 2025

7 months ago

Annual Reporting

10 Nov 2025

Status

Active

Plan Details

Plan Number
SP64040
Registered
2001-02-16
LGA
SYDNEY
Postcode
2007

Lot Breakdown

Total Lots
32
Residential
31
Commercial
1

Building Age

25

years old

Registered 16 February 2001

Major waterproofing and roofing repairs are common at this age. Review the 10-year capital works plan

Sales History

Recent Sales

DateUnitPrice
16 Jan 2025Lot 19$645,000
30 May 2024Lot 18$1,250,000
27 June 2023Lot 8$473,600
10 Feb 2023Lot 1$1,800,000
3 Feb 2023Lot 16$1,155,000
27 Sept 2021Lot 14$1,500,000
12 July 2021Lot 8$186,000
28 May 2019Lot 11$900,000
16 May 2017Lot 10$730,000
20 June 2015Lot 17$1,050,000

61 sales total

Source: NSW Valuer General. Prices are as reported in settlement data and may not reflect current market values. Sales marked “Price withheld” are excluded from price calculations.

Development History

Original Construction · 8 storeys · 156 dwellings

Estimated cost: $48.8M · Assessed by Council of the City of Sydney

Development Application

DeterminedNearby

Demolition, Alterations or additions to an existing building or structure, Change of use of land or a building or the classification of a building under the Building Code of Australia, Co-living, Non-standard Housing, Residential Accommodation

$48.8M8 storeys156 new dwellings
10 Apr 2025

PAN-479972

Development Application

DeterminedNearby

Dwelling

$18.5M4 storeys1 new dwelling
30 Sept 2024

PAN-219796

Modification Application

DeterminedNearby

Demolition, Alterations or additions to an existing building or structure, Change of use of land or a building or the classification of a building under the Building Code of Australia, Co-living, Non-standard Housing, Residential Accommodation

$48.8M8 storeys167 new dwellings
27 Oct 2025

PAN-558556

Looking for the builder or developer?

Search for the application number (e.g., PAN-479972) on the NSW Planning Portal Application Tracker to view the full DA details, including the applicant, builder, and principal certifier.

Source: NSW Planning Portal Open Data API (2019+). Earlier development applications may not be available. Items marked "Nearby" were matched by location proximity (within 100m) rather than direct plan number reference.

Transport Accessibility

B

Transport Score: B

Good public transport access

T

Nearest Train

Central

1.0km away · ~13 min walk

M

Nearest Metro

Gadigal

1.6km away · ~20 min walk

L

Nearest Light Rail

Exhibition Centre Light Rail

700m away · ~9 min walk

F

Nearest Ferry

Blackwattle Bay

1.5km away · ~19 min walk

B

Bus Stops

16 within 500m · 58 within 1km

Source: Transport for NSW GTFS data (CC BY 3.0 AU). Distances are straight-line (not walking). Walking times assume 80m/min. Transport Score is indicative only.

Crime Statistics

These statistics cover the entire Sydney local government area, not this specific property.

Well Above Average

Crime rates in Sydney LGA are significantly higher than the NSW state average. (Oct 2024 - Sep 2025)

Source: NSW Bureau of Crime Statistics and Research (BOCSAR). Rates are per 100,000 population. Rank is out of 119 LGAs (1 = highest rate).

Comparable Buildings in ULTIMO

Other strata plans in the same suburb, ordered by similarity in building size.

Comparables are other strata plans in ULTIMO with similar lot counts.

Short-Term Rentals Nearby

81

Listings within 200m

$148

Median / Night

17

Commercial Hosts

41

High Availability

Listing Types

Entire home 61 (75%)
Private room 20 (25%)

Nearest Listings

Hampton Elegance with City View

Entire home/apt·53m away

N/A

Urban One Bedroom with Living Space and Kitchen

Private room·60m away·Pro host (14 listings)

$440

/night

Great for families! Quad Suite, Living and Kitchen

Private room·60m away·Pro host (14 listings)

N/A

Penthouse Suite, 2 Bedrooms, Private Balcony

Private room·60m away·Pro host (14 listings)

$592

/night

Double Story Loft Suite with Balcony & Kitchen

Private room·60m away·Pro host (14 listings)

$467

/night

NSW Short-Term Rental Rules

  • 180-day cap for non-hosted short-term rentals in Greater Sydney (60 days in some fire-prone or Byron Shire areas)
  • Strata schemes can ban non-hosted STRA via a Section 137A by-law (requires 75% special resolution)
  • All STR properties must be registered on the NSW STRA Register

Source: Inside Airbnb (CC BY 4.0). Data is from a periodic scrape of Airbnb listings and may not be current. "Commercial hosts" are those with 3+ total listings. "High availability" = listed 180+ days/year.

School Catchment Zones

This property falls within the following NSW government school intake areas.

Primary

Glebe PS

primary

Secondary

SSC Balmain

high coed

SSC Blackwattle Bay

high coed

Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.