SOLD
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Sold on 23 Feb 2024 for $490,000

702/28 Macleay Street
Elizabeth Bay NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: -
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Property Details for 702/28 Macleay St, Elizabeth Bay

702/28 Macleay St, Elizabeth Bay is a bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other bedroom Apartment sold in Elizabeth Bay in the last 12 months.

Building Type
Apartment
Local Government
Sydney
Lot/Plan
86/SP46507

Last Listing description (February 2024)

Discover the epitome of urban living and investment potential in this studio, nestled in a sought-after locale with high rental demand. Gazing upon a picturesque panorama of the city skyline and the iconic Harbour Bridge, with north-eastern vistas extending over Elizabeth Bay to Clark Island and beyond, this residence offers an unparalleled lifestyle. Situated on the northern side of Level 7 within The Macleay, a contemporary security complex boasting a 24-hour concierge, pool, and dual lifts, this studio promises convenience and comfort. Bathed in natural light, Access to a shared laundry on the same level adds to the ease of living. Perfect for short-term rentals, The Macleay stands as a beacon of quality amidst a blend of investment units, owner-occupied residences, and serviced hotel-style studios. Embrace a private retreat amidst the bustling energy of cosmopolitan Macleay Street, where cafes, dining options, and essential amenities including Woolworths Metro are mere steps away.

Key Features:

• Captivating NE views encompassing Elizabeth Bay and Clark Island

• Sweeping outlook capturing the city skyline and Harbour Bridge
• Effortless access to a shared laundry on Level 7
• Secure urban village setting with 24-hour concierge, lifts, pool, and intercom entry
• Moments from cafes, restaurants, and shopping options
• Close proximity to Challis Avenue's renowned dining scene
• Weekend food markets at Fitzroy Gardens just a short stroll away
• Enjoy harbourside leisure at Beare Park in Elizabeth Bay
• Seamless transport with buses at your doorstep and Kings Cross train station just 700m away

Outgoings:

Strata Levy - Approx. $2,262.73 Per Quarter
Council Rates - Approx. $293.10 Per Quarter
Water Rates - Approx. $171.41 Per Quarter

Experience the pinnacle of city living and investment potential at this prime address.

Property History for 702/28 Macleay St, Elizabeth Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$490,000
23 Feb 2024
Listed for Rent
17 Dec 2020
  • 23 Feb 2024
    Sold for $490,000
  • 05 Feb 2024
    Listed for Sale Bidders guide $440,000
  • 02 Apr 2020
    Listed for Rent - Price not available
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About Elizabeth Bay 2011

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 4,661 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a -24.09% decrease in median value, while Units have seen a 16.56% increase. As at 31 October 2024:

  • The median value for Houses in Elizabeth Bay is $3,200,797 while the median value for Units is $1,095,524.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 14 properties listed for sale, and 23 properties listed for rent in Elizabeth bay on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Elizabeth bay.

Suburb Insights for Elizabeth Bay 2011

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Luke Veron
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Luke S Veron
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Charles & Stuart Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.