FOR SALE
Price Guide $850,000

3/24 Macmahon Place
Menai NSW 2234

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 148m2
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Fabulous Opportunity in prime location

• 131m2 floor space approx + Mezzanine ideal as office space or storage
• Kitchenette, toilet and shower.
• There is allocated car parking + visitor parking, with vehicle access off MacMahon Place close to Menai Market Place.
• You have the best of both worlds - excellent main road exposure from Menai Road and quiet street access for your clients.
• Zones E3 - Productivity Support
The E3 Productivity Zone is a mix of industrial, commercial, creative, warehousing and emerging new industries that need
larger floor space.
• Versatile enough to be internally reconfigured to meet a wide range of needs.
• Ideal investment opportunity.
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Property Details for 3/24 Macmahon Pl, Menai

Building Type
Commercial
Floor Size
148m2

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About Menai 2234

The size of Menai is approximately 13.6 square kilometres. It has 24 parks covering nearly 17.8% of total area. The population of Menai in 2011 was 10,529 people. By 2016 the population was 10,275 showing a population decline of 2.4% in the area during that time. The predominant age group in Menai is 50-59 years. Households in Menai are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Menai work in a professional occupation. In 2011, 80.6% of the homes in Menai were owner-occupied compared with 80.7% in 2016.

Menai has 3,981 properties. Over the last 5 years, Houses in Menai have seen a 60.58% increase in median value, while Units have seen a 43.01% increase. As at 30 September 2024:

  • The median value for Houses in Menai is $1,595,456 while the median value for Units is $1,047,847.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Menai on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Menai.

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