708/28 Macleay StreetElizabeth Bay NSW 2011
Property Details for 708/28 Macleay St, Elizabeth Bay
708/28 Macleay St, Elizabeth Bay is a bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1270m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (March 2020)
A superb opportunity for the clever investor looking for a strong rental demand location.
Offering a perfect blend of lifestyle living and a prestigious location, this studio has potential to renovate and generate a greater rental return, with a tenant on standby at $460 per week after a total renovation.
The Macleay, opposite Rockwall Crescent, provides access to superb facilities including a sunny pool and laundry facilities.
+ 2 lifts, sunny pool
+ Kitchenette and ducted AC
+ Every convenience at your doorstep
+ Local bus near the door
+ Short walk to Kings Cross Station
+ Footsteps to popular eateries
Total area: 22sqm
Investors Note
This studio is currently leased for $360 per week - tenant would like to stay on.
Alternatively, Macleay Apartments, a long established business has offered to assist with renovations and look after this apartment, offering the new owner $460 per week once renovated under this arrangement. There will be no vacancy period, no letting fees and no management fees.
Outgoings
Apartment Levies: $1,524 per quarter
Council Rates: $278 per quarter
Water Rates: $180 per quarter
Strata Agent
Dynamic Property Services Ph: 9267 6334
Lot 92 SP46507
Disclaimer: We have been provided with the above information, however, Laing+Simmons gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
Property History for 708/28 Macleay St, Elizabeth Bay, NSW 2011
- 03 Feb 2020Listed for Sale $365,000
- 03 Feb 2020Sold for $365,000
- 18 Dec 2000Sold for $117,000
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0About 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.
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