SP64040·Strata Plan·ULTIMO

56-58 BAY STREET ULTIMO

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AT A GLANCE

No active disputesAGM held Sept 2025

total lots in this scheme

Managed by Whelan Property Group Pty Ltd. Located in ULTIMO, NSW.

Lots

Year built

2001

Last report

—

Boundary sourced from NSW Spatial Services (StrataHub).

Sales History

Recent Sales

Date	Unit	Size	Price
16 Jan 2025	Lot 19Residence 51 m²	51 m²	$645,000
30 May 2024	Lot 18Residence 95 m²	95 m²	$1,250,000
27 June 2023	Lot 8Residence 193 m²	193 m²	$473,600
10 Feb 2023	Lot 1Other 137 m²	137 m²	$1,800,000
3 Feb 2023	Lot 16Residence 131 m²	131 m²	$1,155,000
27 Sept 2021	Lot 14Residence 132 m²	132 m²	$1,500,000
12 July 2021	Lot 8Residence 193 m²	193 m²	$186,000
28 May 2019	Lot 11Residence	—	$900,000
16 May 2017	Lot 10Residence	—	$730,000
20 June 2015	Lot 17Residence	—	$1,050,000

61 sales total

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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

$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.

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).

STRATA MANAGER

Whelan Property Group Pty Ltd

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Licence: 1373234
Last AGM: Sept 2025
Status: Active

BUILDING BASICS

Lots: 32
Residential: 31
Commercial: 1
Year built: 2001
LGA: SYDNEY

ULTIMO, NSW

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