606/28 Macleay St, Elizabeth Bay is a 0 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 23m2 and floor size of 23m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Capturing a district view, this bright studio apartment enjoys an elevated and peaceful position on the 6th floor of MACLEAY APARTMENTS. Recently renovated and perfectly presented, fully furnished, it offers an astute investment opportunity or ideal inner city pad, in a wonderfully cosmopolitan location amid renowned cafes and restaurants, a host of superb designer stores and lively entertainment. Also nearby are trains and buses, and it is walking distance to the CBD.
Investor s Note: The studio is currently tenanted by Macleay Apartments, with no vacancy periods for its owner, no property management costs and a guaranteed income of $400 per week. Also, some maintenance of the property is included, as required.
INVESTOR NOTE: RENTAL RETURN OF $400 PER WEEK!
The size of Elizabeth Bay is approximately 0.2 square kilometres. It has 5 parks covering nearly 10.8% of total area. The population of Elizabeth Bay in 2011 was 5,093 people. By 2016 the population was 5,222 showing a population growth of 2.5% in the area during that time. The predominant age group in Elizabeth Bay is 30-39 years. Households in Elizabeth Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elizabeth Bay work in a professional occupation. In 2011, 38.5% of the homes in Elizabeth Bay were owner-occupied compared with 36.1% in 2016..
Elizabeth Bay has 4,656 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a 23.41% increase in median value, while Units have seen a 20.94% increase. As at 30 September 2024:
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